Each licensee shall annually, at least 60 days prior to the close of each annual licensing period, file a report with the Carver County Auditor in such form as prescribed by the county, showing how the profits derived from lawful gambling conducted by such licensee have been spent for lawful purposes as defined by M.S. § 349.12, sub. 11, as it may be amended from time to time. At least 75% of said profits shall be spent for lawful purposes within the county or to benefit residents of the county.
(Ord. 29, passed 2-25-86)