SB 649 Summary

• Amends the Traxler-McCauley-Law-Bowman bingo act to increase the daily revenue cap for millionaire party licensees from $15,000 to $25,000 per day.

• Restructures Section 10a to clarify that millionaire party licensees (rather than undefined "persons") must enforce all conduct requirements.

• Maintains existing restrictions: prohibits minors under 18 from wagering, prohibits wagering on non-chance contests or athletic events, and prohibits wagering on games of personal skill.

• Requires millionaire party licensees to be responsible for ensuring compliance with all regulatory requirements for the event.