Current through Register Vol. 35, No. 11, June 11, 2024
Section 15.4.5.24 - PROMOTIONAL GAMES OF CHANCE Free and discounted games of chance may be awarded to players when:
A. house rules describe how these games of chance are awarded;B. no employee or members of employee's household are permitted to participate;C. method of award is equitable and non-discriminatory;D. the following information is collected, recorded and retained per occasion in accordance with the records retention requirements; (1) name, address and phone number of players receiving the promotional game;(2) the date and occasion the promotional game was played; and(3) the retail value of the promotional game;E. all promotional games awarded are subject to the bingo tax; andF. licensee shall compute the bingo tax using the retail value of a non-promotional game and not the free or reduced price.15.4.5.24 NMAC - N, 4/15/2013, Adopted by New Mexico Register, Volume XXXII, Issue 04, February 23, 2021, eff. 2/23/2021