When Operating A Winner-Take-All Game At Bingo, Why Can An Organization Round Up Or Down To The Next Nearest Dollar?
Rounding up or down to the next nearest dollar is not allowed at bingo because the practice would likely result in violation of the statutory requirement that ninety per cent of all winner-take-all game receipts be awarded as prizes. As the Division of Special Revenue is responsible for ensuring the integrity of authorized activity, it cannot condone a practice which would likely result in a statutory violation.
Related Questions
- Can an organization submit multiple proposals under an UNDEF round of funding? If yes, is there any limit to the number of applications that an organization can submit?
- When Operating A Winner-Take-All Game At Bingo, Why Can An Organization Round Up Or Down To The Next Nearest Dollar?
- When may the school round dollar amounts used in the return of Title IV funds to the nearest whole dollar?