This chapter shall be construed to regulate all forms of lawful gambling within the city except:
(A) Bingo conducted within a nursing home or a senior citizen housing project or by a senior citizen organization if: the prizes for a single bingo game do not exceed $10; total prizes awarded at a single bingo occasion do not exceed $200; no more than five bingo occasions are held by the organization or at the facility each week; only members of the organization or residents and their guests of the nursing home or housing project are allowed to play in a bingo game; no compensation is paid for any persons who conduct the bingo; and a manager is appointed to supervise the bingo.
(B) Raffles, if the value of all prizes awarded by the organization in a calendar year does not exceed $1,500.