Wisconsin 2023-2024 Regular Session

Wisconsin Assembly Bill AB113

Introduced
3/14/23  
Refer
3/14/23  

Caption

The amount of allowable cash withdrawal from a bingo account for the purpose of paying cash prizes.

Impact

The implications of AB113 are significant for bingo operators and players alike. By permitting higher cash prize amounts to be paid out directly in cash, the bill could enhance the attractiveness of bingo games, potentially inviting more participants and increasing revenue for bingo operators. This change may also reduce administrative burdens associated with processing larger checks, facilitating smoother transactions during bingo events.

Summary

Assembly Bill 113 aims to amend current regulations concerning cash withdrawals from bingo accounts in the state of Wisconsin. The bill specifically seeks to increase the allowable cash prize amount per winner in a bingo game when multiple players emerge as winners. Under existing law, if a cash prize is divided among several winners and each share amounts to $10 or less, the total cash prize can be issued as a check made out to cash. AB113 proposes to raise this limit from $10 to $25 per winner, thereby allowing larger cash prizes to be distributed in this manner.

Contention

Discussions around AB113 may raise points of contention regarding the regulation of gambling and cash handling in gaming activities. Some stakeholders might voice concerns over the potential for increased gambling-related issues or the management of cash prizes, while supporters could argue this amendment promotes fair play and enhances participant enjoyment. Further debates are likely to focus on the potential economic benefits for local charities and organizations that typically operate bingo games as fundraising activities.

Companion Bills

No companion bills found.

Previously Filed As

WI SB54

The amount of allowable cash withdrawal from a bingo account for the purpose of paying cash prizes.

WI HB3814

Relating to charitable bingo accounting procedures and the use of bingo proceeds.

WI HB1474

Relating to the operation and regulation of charitable bingo and the use of bingo proceeds.

WI SB179

Allow antique gambling to be used for living history events and casino nights for fundraising purposes

WI H988

Revise Law on Instant Bingo

WI HB07137

An Act Concerning Charitable Bingo Games, Bazaars And Raffles.

WI HB07070

An Act Concerning Municipalities And Bingo Games, Bazaars And Raffles.

WI HB1093

Updates To Bingo And Raffles Law

WI HB1326

Bingo-Raffle Licensing Sunset Review

WI SB1518

Charitable gaming; amends definition of Texas Hold'em poker tournaments, bingo games.

Similar Bills

No similar bills found.