"Gambling" means risking any money, credit, deposit or other thing of value for gain contingent in whole or in part upon lot, chance, the operation of a gambling device or the happening or outcome of an event, including a sporting event, the operation of casino gambling including, but not limited to, blackjack, craps, roulette, poker, bacarrat [baccarat] or keno, but does not include:
(1)  Bona fide contests of skill, speed, strength or endurance in which awards are made only to entrants or the owners of entrants; or
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(2)  Bona fide business transactions which are valid under the law of contracts; or
(3)  Games that award only additional play; or
(4)  Merchant promotional contests and drawings conducted incidentally to bona fide nongaming business operations, if prizes are awarded without consideration being charged to participants; or
(5)  Other acts or transactions now or hereafter expressly authorized by law.