Massachusetts H480 authorizes video gaming activities for certain veterans organizations.
Massachusetts H480 amends Chapter 23K to allow the issuance of limited video gaming machine licenses to federally chartered veterans' organizations. These organizations can operate up to five video gaming terminals in their establishments. The bill outlines specific regulations, including licensing fees, tax rates, and operational criteria. It also mandates background checks for all individuals involved and restricts winnings to $599 per bet. The bill establishes a Gaming Revenue Fund to receive tax deposits and requires the posting of problem gambling helpline information.
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