(A) “Scheme or game of chance conducted for profit” means any scheme or game of chance, including, but not limited to instant bingo, designed to produce income for the person who conducts or operates the scheme or game of chance, but does not include a charitable bingo game.
(B) This section does not apply to schemes of chance conducted by a charitable organization that is and has received from the Internal Revenue Service a determination letter that is currently in effect, stating that the organization is exempt from federal income taxation under § 501(a)(1) and described in § 501(c)(3) of the Internal Revenue Code, provided that all of the money or assets received from such scheme of chance after deduction only of prizes paid out during the conduct of the scheme of chance are used by, or given, donated or otherwise transferred to, any organization that is described in §§ 509(a)(1), 509(a)(2) or 509(a)(3) of the Internal Revenue Code, being 26 U.S.C. § 509, and is either a governmental unit or an organization that is tax exempt under § 501(a) and described in § 509(a)(3) of the Internal Revenue Code, being 26 U.S.C. §§ 501 through 509, and provided that the scheme of chance is not conducted during or within ten hours of a bingo game conducted for amusement purposes only, pursuant to § 630.09 of this Code of Ordinances.
(C) Except as provided in division (B) of this section and except for the sale of raffle tickets by a charitable organization and lottery tickets sponsored by the state, schemes of chance shall be conducted on premises owned by the charitable organization for a period of no less than one year immediately preceding the conducting of the schemes of chance, on premises leased or licensed from a governmental unit or on premises that are leased from a veteran’s fraternal organization for a period of no less than one year immediately preceding the conducting of the schemes of chance.
(Ord. 124-01, passed 10-1-2001)