Action | Consolidates charitable gaming regulations and establishes guidelines for electronic games of chance |
Stage | Proposed |
Comment Period | Ended on 1/6/2012 |
In reference to the comment from the caller Mark Mckenney, I do believe a modified version of the old winner-take-all game would be beneficial to a number of the bingo operations in the State. The old form in which the game winner received the total amount collected up to $1000.00 was great for the player but not good from a profit perspective for the gaming operation when normal collections were less than $1000.00. Eliminating that game and increasing the progressive games to me made sense, and has helped our attendance. However, I do believe that allowing a limited number (i.e., two or less) of regular games like winner-take-all to pay more than $100.00 would be good. For example, reinstating the winner-take-all game with the same rules but a maximum payout of $500.00 would help attendance and provide a much better profit margin for small to medium sized operations. To help stem the decline of those (small to medium sized) bingo operations in Virginia, I hope the suggestions posted on this board concerning payment of reasonable fees, two-year registration, winner-take-all, etc. be given consideration. Thanks for allowing me to voice my opinion.