Use of Gaming
Proceeds
The revenue from
bingo, casino, and raffle and pull-ticket sales may be used
to pay for prizes and expenses related to operating the charitable
gaming event.
The balance of the revenue, or the
gaming proceeds, belongs to the charity for the charitable or
religious purposes stated in the charity’s gaming licence application.
The charities who hold bingo association
events also receive grants from the Alberta Lottery Fund for
a portion of the net revenue generated during their bingo events
from electronic bingo and Keno; these are provincial gaming activities
whose net revenues are placed in the Alberta Lottery Fund.
Licensed charities
state in their application how they will use gaming proceeds
prior to receiving their licence to ensure that gaming proceeds
are only used for AGLC approved purposes which are essential
to the delivery of the groups’ charitable or religious
programs.
If a charity wishes to change how it wants to use
its gaming proceeds, the AGLC will review a written request
and update the group’s licence accordingly.
All licensed groups are required to complete financial reporting
forms provided to them by the AGLC.
Groups with questions about specific allowable uses are invited
to check the Charitable
Gaming Policies Handbook.
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