|Action||Promulgation of Charitable Gaming Regulations by Department of Agriculture and Consumer Services, including electronic gaming provisions|
|Comment Period||Ends 11/23/2022|
Use of Proceeds & Gaming Funds – We have heard that UOP could be 40% or 28%. This would really dip into funds to be used in social quarters. Unlike bingo that is normally a public event the gaming in social quarters will be our member’s money. The requirement to use most of these funds outside our social quarters/Aerie is a conflict of the purpose of a 501 (C)(8) organization, fraternalism and helping one another. We consider the electronic gaming devices as a form of entertainment for our members and a means to keep our social quarter financially stable.
Being a relatively small Aerie (around 200 members) with about 25% active participating members, our operating budget is already tight. Looking at our 3rd quarter totals, after paying the supplier, earmarking 28% for UOP, our net was less than $50 per day. It is our understanding that the gaming funds can not be used for salaries or for members.
The question remains, what can the funds be used for?
If our Aerie or members cannot benefit from the funds from these devices, then why have them?