Inventory, Ownership, and Leasing of Bingo Equipment

PURPOSE: This rule requires that accurate records be maintained on the quantity and ownership of all equipment used directly in the conduct of bingo. (1) Accurate records shall be maintained indicating the quantity and ownership of all equipment used directly in the conduct of bingo. (2) Each licensee shall keep a separate physical inventory of bingo paper and pull-tab cards which shall be stored on the bingo premises, as defined in 11 CSR 45-30.270. Licensed operators shall make all bingo products available for inspection upon request. Bingo paper and pull-tab cards purchased by one licensee may not be used during another licensee’s game without prior approval from the commission. (3) No bingo licensee that is the holder of a regular bingo license shall use bingo equipment in which the licensee does not have an ownership interest. Two (2) or more bingo licensees may enter into an agreement for the joint ownership of bingo equipment. No nonlicensee shall share any interest in the equipment except the security interest of an established financial institution. The equipment may not be purchased from a nonlicensee who has an interest in the premises on which the equipment is to be used. A copy of the purchase agreement may be requested by the commission and shall contain the following information: (A) The percentage of ownership; (B) The total cost of the co-ownership; (C) The amount and terms of any time payment (if applicable); (D) The name of the seller and other co-owners; (E) Acceptable method(s) for sale or disposition of the coownership; and (F) A description of the bingo equipment purchased. (4) For the purposes of this rule the term “ownership interest” shall include a sole ownership interest, co-ownership interest, or lease interest in bingo equipment. (5) Bingo equipment shall only be leased from a licensed supplier. No lease providing for a rental arrangement for bingo equipment shall provide for payment in excess of the reasonable market rental rate for such equipment and in no case shall any payment be based on a percentage of gross receipts or profits derived from the game of bingo. (6) Except for Electronic Bingo Card Monitoring Devices (EBCMDs), a regular bingo licensee conducting a bingo occasion under a special bingo license may, during the occasion, use bingo equipment in which the licensee does not have an ownership interest. (7) A regular bingo licensee conducting a bingo occasion under a special bingo license shall not, during the occasion, use any EBCMDs in which the licensee does not have an ownership interest. AUTHORITY: sections 313.025 and 313.065, RSMo 2000.* Emergency rule filed June 21, 1994, effective July 1, 1994, expired Oct. 28, 1994. Emergency rule filed Oct. 19, 1994, effective Oct. 29, 1994, expired Feb. 25, 1995. Original rule filed July 11, 1994, effective Jan. 29, 1995. Amended: Filed Oct. 29, 1999, effective May 30, 2000. Amended: Filed Dec. 1, 2004, effective June 30, 2005. Amended: Filed June 25, 2015, effective Feb. 29, 2016. *Original authority: 313.025, RSMo 1981, amended 1984, 1993 and 313.065, RSMo 1981, amended 1993, 1995.