SB4019 amends the Video Gaming Act to revise payout rules for video gaming terminals.
SB4019 amends the Video Gaming Act by modifying payout rules for video gaming terminals. It removes the requirement for players to turn in their tickets at certain establishments and sets the maximum cash award for individual hands according to IRS W-2G reporting requirements. Cash awards must be paid within three days of winning a jackpot. The bill also requires cash awards to be rounded to the nearest 5 cent credit. These changes apply to licensed establishments, truck stop establishments, fraternal establishments, and veterans establishments where video gaming terminals are available.
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