This bill amends the law regarding the operation of games of chance where chips have no monetary face value. It changes the required deduction from the buy-in amount collected from players. Previously, the payback in prizes was not to exceed 80 percent of the total amount collected from players. The new amendment stipulates that a minimum of 20 percent or $250 of the buy-in amount, whichever is less, must be deducted, with 35 percent of the total amount deducted paid to the charity and the remaining balance retained by the game operator employer.

Additionally, the bill allows game operator employers to offer players the option of a dealer add-on. This means that players can receive additional chips in exchange for paying an additional sum, provided that the dealer add-on does not exceed $25 and that 100 percent of the add-on is given to dealers as a gratuity. The act is set to take effect 60 days after its passage, with an approved date of July 19, 2024, and an effective date of September 17, 2024.

Statutes affected:
Introduced: 287-D:14
As Amended by the Senate: 287-D:14
Version adopted by both bodies: 287-D:14
CHAPTERED FINAL VERSION: 287-D:14