Louisiana Revised Statutes 4:729 – Fund-raising events
Terms Used In Louisiana Revised Statutes 4:729
- Contract: A legal written agreement that becomes binding when signed.
A. Notwithstanding any provisions of this Chapter to the contrary, a charitable organization licensed to operate, hold, or conduct any game or games of chance may enter into a contract with a private contractor who meets the qualifications prescribed by the office to conduct the operation and management of fund-raising events generally known as “casino night” or “Las Vegas night”.
B. Each private contractor shall possess the skills and have the personnel and equipment available to conduct such games.
C. The contract shall stipulate that the contract price is a professional service fee based upon the equipment and personnel to be used as well as the types of games to be played. The office shall promulgate rules and regulations providing for the reasonable compensation of the contractor. The private contractor may use his own personnel only for the actual operation of the leased equipment.
D. For the purpose of this Section, “casino night” and “Las Vegas night” shall mean a charitable fund-raising event sponsored by a licensed charitable organization as defined pursuant to the provisions of La. Rev. Stat. 4:703. The office shall promulgate rules which specify the kinds of casino games that may be conducted and the manner in which such games shall be operated.
E. The sponsors shall sell tickets to the charitable event and each individual shall receive for each ticket purchased, in connection with the event, an equal number of chips to be used in playing the various authorized games. The sponsor may award prizes at such events.
F. The office of charitable gaming within the Department of Revenue may adopt additional rules and regulations governing such events pursuant to the provisions of La. Rev. Stat. 4:705(10)(b).
Acts 1999, No. 568, §3, eff. June 30, 1999.