N.M. Admin. Code § 15.4.7.10

Current through Register Vol. 35, No. 21, November 5, 2024

Section 15.4.7.10 - SALE OF BINGO CARDS

A. Sale and use of bingo cards:

(1) bingo cards shall not be sold on credit or purchased with credit cards;

(2) a debit card issued by a banking institution or credit union may be used as a means of payment;

(3) each licensee that accepts payment by debit card must maintain records to substantiate all transactions;

(4) all debit card transactions must be reported on the quarterly reports covering the time period in which the transactions occurred;

(2) all sales of bingo cards shall take place upon the premises and at the time of that bingo occasion;

(3) no bingo cards shall be set aside or reserved for any person;

(4) if a master card or admittance card is required in order to play bingo, then no extra cards will be sold to a player who has not purchased a master or admittance card;

(5) all bingo cards other than promotional cards shall be sold at a set price; the price of each type of card shall remain fixed and may only be altered by requested amendment of the license subject to approval by the board or its agents, and shall be posted; and

(6) if each person playing bingo is required to purchase a master card and is allowed to play extra cards in the same game, then the prize to be awarded on the master card and the extra cards shall be posted by the licensee at the beginning of each game.

B. No bingo cards sold for use in an occasion shall be valid for use in another occasion.

C. If bingo cards are being sold for an occasion immediately following the current occasion and both occasions are scheduled for the same day, the sales and deposits for each occasion shall be kept separate.

D. Any shortage calculated from sales for an occasion shall not be deducted from the gross receipts.

N.M. Admin. Code § 15.4.7.10

15.4.7.10 NMAC - Rp, 15.4.2.10 NMAC, 4/15/2013, Adopted by New Mexico Register, Volume XXXII, Issue 04, February 23, 2021, eff. 2/23/2021