(2) “Multi-drawing raffle” means a raffle for which the drawings are held on more than 1 day.

(3) “Raffle” means one or more drawings using a single series of chances sold in chance books or similar devices, at which one or more prizes are awarded.

(4) “Single-drawing raffle” means a raffle for which the drawings are held on a single day.

(b) At a gaming event, the holder of a raffle may award a prize of money or merchandise using a chance book.

(c) (1) A single-drawing raffle may have only one major prize.

(2) During a year, an organization listed in § 13-903 of this subtitle may hold not more than:

(i) six single-drawing raffles in which the major prize is worth $2,500 or more; or

(ii) ten single-drawing raffles in which the major prize is worth less than $2,500.

(3) An organization listed in § 13-903 of this subtitle may not hold:

(i) more than 52 weekly drawings in a multi-drawing raffle; or

(ii) more than two multi-drawing raffles during a year.