This bill aims to modernize the payment methods allowed for participating in legalized games of chance, specifically bingo, raffles, and penny auctions, by permitting the use of credit cards, debit cards, and other electronic payment devices. The Legalized Games of Chance Control Commission is tasked with adopting regulations to facilitate these payment methods, which are not currently permitted under existing law.

The proposed legislation will enable individuals to purchase shares, tickets, or rights to participate in these games using electronic payments, thereby enhancing accessibility and convenience for participants. The bill emphasizes the need for regulatory updates to accommodate these payment options, reflecting a shift towards more contemporary transaction methods in the realm of legalized gaming.