NC LAWMAKERS TO VOTE TO DIRECT THE LOTTERY COMMISSION TO REGULATE CASINO TYPE GAME MACHINES IN NC

AN ACT TO DIRECT THE LOTTERY COMMISSION TO REGULATE THE PLACEMENT AND OPERATION OF VIDEO GAME TERMINALS IN THIS STATE.


(a) The Commission shall charge each applicant for a manufacturer's license an annual 22 fee of fifty thousand dollars ($50,000).

(b) The Commission shall charge each applicant for an operator's license an annual fee of twenty-five thousand dollars ($25,000) and an annual terminal fee of one hundred fifty dollars ($150.00) per terminal.

(c) The Commission shall charge each applicant for a retailer license an annual fee of one thousand dollars ($1,000) per retail location and an annual terminal fee of one hundred fifty dollars ($150.00) per terminal.

(d) In addition to the annual license fees, the Commission may charge a one-time license application fee not to exceed one thousand dollars ($1,000).

(e) Failure to pay the specified fees shall be cause for revocation of the entity's license.

(f) All licenses issued by the Commission are renewable annually unless sooner cancelled or terminated. No license issued by the Commission is transferable or assignable.

(g) The annual terminal fees collected under subsection (c) of this section shall be allocated to the county where the terminal is located and shall be used to mitigate the increased burden placed upon local communities from the impact of the regulated machines.


(a) Permissible games include, but are not limited to, the following:

(1) Video Poker.

(2) Video Blackjack.

(3) A video game based on or involving the matching of different pictures, words, numbers, or symbols.


(b) No later than the 15th day of each month, the operator must submit a report to the Commission in a format designated by the Commission. The report shall include at least all of the following information, per terminal:

(1) Amount of cash received.

(2) Amount of prizes paid out.

(3) Amount of net terminal revenue.


(c) The minimum payout to a user over the lifetime of the VGT shall be eighty-five percent (85%)


SEE THE ENTIRE BILL BELOW

GAMING MACHINE
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