Saturday, February 17, 2007

POST-TRIBUNE :: News :: Betting on bingo

POST-TRIBUNE :: News :: Betting on bingo:

"The State Gaming Commission, which also oversees casinos, took oversight of charitable gaming from the Department of Revenue under state law passed in 2006.
By The Numbers
• $44.7M, What the not-for-profits grossed in Lake and Porter counties in 2006
• $980,018, What the not-for-profits donated to charities in 2006
• $5.8M, Lake County net proceeds for licensed bingo halls in 2006
• $805,707, Porter County net proceeds for licensed bingo halls in 2006

The commission is working to set financial standards for the American Legion posts, churches, VFW posts and other not-for-profits that host many of the regular bingo games and pull tab licenses.
In the meantime, the not-for-profits grossed more than $44.7 million in Lake and Porter counties last year, according to state records. They donated to charity a total of $980,018, about 2 percent of the gross."
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