§ 112.07  RESTRICTIONS.
   (A)   Each license is valid for one raffle only.
   (B)   No more than six raffle licenses shall be issued to any organization in any calendar year.
   (C)   The aggregate retail value of all prizes or merchandise awarded by a licensee in a single raffle shall not exceed $250,000. The maximum retail value of each prize by a licensee in a single raffle shall not exceed $100,000. The Village Board may authorize a higher aggregate retail value and/or retail value of a single prize written upon request of applicant.
   (D)   The maximum duration during which chances may be issued or sold shall be six months prior to the drawing. The drawing shall be held at the time and location set forth in the license.
   (E)   Each licensee shall keep records as required under the Act.
   (F)   The conduct of raffles within the village is subject to applicable restrictions and conditions as set forth in the Raffle Act, being ILCS Ch. 230, Act 15, §§0.01 et seq.
   (G)   In no event shall the price of each raffle chance issued or sold exceed $250.
   (H)   The entire net proceeds of any raffle must be exclusively devoted to the lawful purposes of the organization permitted to conduct the raffle.
   (I)   No person except a bona fide member of the sponsoring organization may participate in the management or operation of the raffle.
   (J)   No person under the age of 18 years may participate in the conduct of raffles without the permission of a parent or guardian. A person under the age of 18 years may be within the area where winning chances are being determined only when accompanied by his/her parent or guardian.
   (K)   Raffle chances may be sold or issued only at the location(s) as set forth in the license.
(Ord. 2018-03-05 A, passed 3-5-2018)