- How much will permits cost
- Initially, permits will be
$250 for the first year.
- Renewal rates will be
determined by your sales from the previous year.
- How do you make money selling pull tabs?
- Pull tabs return a
minimum of 75% of the revenue to the players, with the rest going towards
expenses and operator profit.
- When will permits be issued?
- Applications are
available on the ATC website here:
http://www.in.gov/atc/pdf/ApplicationForTypeIIGamingRetailer.pdf
- ATC has assured us that all
permit applications received in a timely manor will be issued by July 1st
- When can we start acquiring pull tab inventory?
- You can begin purchasing
inventory from licensed distributors once you have received your gaming
permit in the mail from the ATC.
- What should we do if a pull tab distributor tries to
sell bars pull tabs before they have received their endorsement (license)?
- Bars should report
distributors who are jumping the gun to the ATC.
- Where in our establishments can tickets be sold?
- Tickets can only be sold and
played in an area where minors are not permitted (limited separation rules
determine the area)
- Can bars use both over-the-bar and vending machine
sales?
- Yes
- What type of accounting will bars need to do for Type II
gaming?
- Accounting will need to be
separate from food & beverage sales
- No co-mingling of funds
- Solution could be as simple
as a cigar box to segregate funds
- There must be a physical
separation of bar revenue and gaming revenue
- You must have a
separate bank account
- Quarterly reports will
have to be filed with the ATC for your first year of sales
- What do we do with unsold tickets?
- Bars must account for (keep)
unsold tickets for 4 years and keep them accessible for Excise
Officers.
- What do we do with winning tickets?
- Winning tickets must be kept
for 4 years attached to the flare card
- Suggestion: put a tear in
winning tickets to mark them as paid
- Winning tickets only have
to be kept on-sight for 6 months, but you must be able to produce them in 24
hours upon request for 4 years.
- Will our Type II gaming license allow us to have
drawings, and what are the restrictions?
- Yes
- 100% payback on all drawings
- You are allowed 1 daily
drawing, 1 weekly drawing, and 1 monthly drawing
- $5 limit on entry fee
- $300 payout limit on any
drawing
- There will be a downloadable
sign-up form available on the ATC website prior to July 1st.
- Rules of the particular game
must be displayed
i.
Buy-in amount
ii.
Drawing time
iii.
Etc.
- Pot can roll over, but only up to
the $300 limit
- Will we be allowed to advertise?
- No. There will be a
prohibition on all advertising outside of your establishment. That includes
the exterior of your building, newspapers, radio, etc.
- Advertising inside of your
establishment will be allowed
- Will raffles be allowed?
- Yes, but you will only be
allowed to take in entries up to $300.
- Your pull tab distributors
can help you with ideas on raffle prizes.
- Are our employees allowed to play Type II gaming in our
bars?
- No. Employees are prohibited
from playing these games where they are employed at all times regardless of
whether or not they are working at the time.
- However, they can play at
other establishments
- Will sports boards be allowed?
- No.
- If I own multiple bars, can I move my pull tab inventory
from one store to another?
- No. All sales are tracked by
the distributor and the games must remain at the location where they are
sold.
- Will any bars be denied a Type II gaming endorsement on
their alcohol license?
- Virtually all who hold an
alcohol permit will be able to get a gaming endorsement.
- Establishments with
pending Excise violations or those who are not current on their taxes will
be denied a Type II gaming endorsement.