Section 462.200 - Prohibition against contracting for operation of charitable lottery or charitable game under certain circumstances; limitation on expenditure of net proceeds of charitable lottery or charitable game; annual financial report required upon request1. A qualified organization:(a) Shall not contract with any vendor for the operation of a charitable lottery or charitable game who charges more than 8 percent of the gross proceeds of the charitable lottery or charitable game in exchange for the provision of services.(b) Shall expend the net proceeds of a charitable lottery or charitable game only for the benefit of charitable or nonprofit activities in this state.2. A qualified organization registered by the Chair shall, upon request, submit to the Chair a financial report on a charitable lottery or charitable game. The financial report must include a statement of:(a) The expenses incurred in the operation of the charitable lottery or charitable game; and(b) The amount and use of the net proceeds of the charitable lottery or charitable game.Added to NRS by 1991, 2261; A 2019, 963Amended by 2019, Ch. 179,§20, eff. 10/1/2019.Added to NRS by 1991, 2261