§ 543.4 - Does this part apply to small and charitable gaming operations?

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Small gaming operations. This part does not apply to small gaming operations provided that:

The TGRA permits the operation to be exempt from this part;

The annual gross gaming revenue of the operation does not exceed $3 million; and

The TGRA develops, and the operation complies with, alternate procedures that:

Protect the integrity of games offered;

Safeguard the assets used in connection with the operation; and

Create, prepare and maintain records in accordance with Generally Accepted Accounting Principles.

Charitable gaming operations. This part does not apply to charitable gaming operations provided that:

All proceeds are for the benefit of a charitable organization;

The TGRA permits the charitable organization to be exempt from this part;

The charitable gaming operation is operated wholly by the charitable organization's agents;

The annual gross gaming revenue of the charitable operation does not exceed $3 million; and

The TGRA develops, and the charitable gaming operation complies with, alternate procedures that:

Protect the integrity of the games offered;

Safeguard the assets used in connection with the gaming operation; and

Create, prepare and maintain records in accordance with Generally Accepted Accounting Principles.

Independent operators. Nothing in this section exempts gaming operations conducted by independent operators for the benefit of a charitable organization.