Iowa Admin. Code r. 481-106.5

Current through Register Vol. 47, No. 5, September 4, 2024

Rule 481-106.5 - Prizes and cost to participate

Cash or merchandise prizes may be awarded for each card game tournament. A licensee shall distribute the prizes awarded on the day the prizes are won. Merchandise prizes shall not be repurchased by the licensee. Only prizes that can be won shall be displayed in the tournament playing area. Pets as defined in Iowa Code section 717E.I are prohibited as prizes for card game tournaments. The amount of the prize(s) and the participation fee are dependent upon the number of guests each member of the licensee is allowed.

(1)Tournaments with members and one guest per member Tournaments that allow members of the qualified organization and only one guest per member are restricted to the following:

a. The cost to participate shall be no more than $100 for each participant, with each participant paying the same amount;

b. Total prizes of cash and merchandise shall be no more than $1,000; and

c. A single participant shall win no more than $500 during the tournament.

(2)Tournaments with members and unlimited number of guests. Tournaments that allow members of the qualified organization and an unlimited number of guests per member are restricted to the following:

a. The cost to participate shall be no more than $25 for each participant, with each participant paying the same amount;

b. Total prizes of cash and merchandise shall be no more than $300; and

c. A single participant shall win no more than $200 during the tournament.

Iowa Admin. Code r. 481-106.5