§ 10-5-8 CONDUCT OF RAFFLES.
   The conducting of raffles in the village is subject to the following.
   (A)   The entire net proceeds of any raffle must be exclusively devoted to the lawful purposes of the organization permitted to conduct that game.
   (B)   No person, except a bona fide member of the sponsoring organization, may participate in the management or operation of the raffle.
   (C)   No person may receive any remuneration or profit for participating in the management or operation of the raffle.
   (D)   The maximum fee which may be charged for each raffle chance sold or issued shall not exceed $100. All such fees shall be paid in currency or by check.
   (E)   A licensee may rent a premises in which to determine the winning chance or chances in a raffle only from an organization which is also licensed under this article.
   (F)   Raffle chances may be sold or issued only within the area specified on the license and winning chances may be determined only at those locations specified on the license.
   (G)   No person under the age of 18 years may participate in the conducting of raffles or chances. A person under the age of 18 years may be within the area where winning chances are being determined only when accompanied by his or her parent or guardian.