Bingo Fees To Generate Dollars For State

POSTED BY: George Hiotis
Monday, September 29, 2003 - 12:06 PM
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A new law that tightens regulation of charity gambling is expected to produce 5.2 million dollars for state coffers this year from license-application fees. That’s more than 50 times the 100,000 dollars that came in 2002. The law, which went into effect July first, has triggered a flurry of applicants who want to run charity games. As of a week ago, Ohio Attorney General Jim Petro’s office has processed nearly 1600 applications for 2003 and mailed out about 1300 licenses. That compares to 1045 gambling licenses issued for all of 2001. The increase in fees is mostly because the new law sets fees ranging up to 5000 dollars compared to a maximum of 100 dollars in previous years.

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