Vermont S 318: An act relating to financing options for public, educational, and government access television

Bill Text

BILL AS INTRODUCED S.318
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VT LEG #386105 v.1
S.318 1
Introduced by Senator Mattos 2
Referred to Committee on 3
Date: 4
Subject: Recreation and sports; State Lottery; casino gaming 5
Statement of purpose of bill as introduced: This bill proposes to require the 6
Board of Liquor and Lottery to issue licenses for the operation of up to two 7
casinos in Vermont. 8
An act relating to casino gaming 9
It is hereby enacted by the General Assembly of the State of Vermont: 10
Sec. 1. 31 V.S.A. chapter 14, subchapter 3 is added to read: 11
Subchapter 3. Casino Gaming 12
§ 681. CASINO GAMING AUTHORIZED 13
(a) Casino gaming is authorized to the extent that it is conducted in 14
accordance with this subchapter. 15
(b) The Board of Liquor and Lottery may adopt rules as necessary to 16
implement this subchapter. 17
§ 682. DEFINITIONS 18
As used in this subchapter: 19

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VT LEG #386105 v.1
(1) “Adjusted gross receipts” means the gross receipts less voided 1
wagers and winnings paid to wagerers. 2
(2) “Applicant” means any person who applies for a license under 3
this subchapter. 4
(3) “Board” means the Board of Liquor and Lottery. 5
(4) “Casino” means a building in which gaming is conducted. 6
(5) “Casino enterprise” means the buildings, facilities, or rooms 7
functionally or physically connected to a casino, including any bar, restaurant, 8
hotel, cocktail lounge, retail establishment, or any other premises under the 9
control of a licensee. 10
(6) “Casino gaming license” means the license that permits the holder to 11
conduct a gambling operation pursuant to the provisions of this subchapter. 12
(7) “Gambling game” means any game played with cards, dice, 13
equipment, or a machine, including any mechanical, electromechanical, or 14
electronic device, which shall include computers and cashless wagering 15
systems, for money, credit, or any representation of value, including faro, 16
monte, roulette, keno, bingo, fan-tan, twenty-one, blackjack, seven and a half, 17
Klondike, craps, poker, chuck-a-luck, wheel of fortune, chemin de fer, 18
baccarat, pai gow, beat the banker, panguingue, slot machine, any banking or 19
percentage game, or any other game or device approved by the Board. The 20
term “gambling game” does not include games played with cards in private 21

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homes or residences in which no person makes money for operating the game 1
except as a player. 2
(8) “Gambling operation” means the conduct of authorized gambling 3
games in a casino. 4
(9) “Gaming” means to deal, operate, carry on, conduct, maintain, or 5
expose or offer for play any gambling game or gambling operation. 6
(10) “Gross receipts” means the total of all sums, including valid or 7
invalid checks, currency, tokens, coupons, vouchers, or instruments of 8
monetary value, whether collected or due, received by a casino licensee from 9
gaming, including all entry fees assessed for tournaments or other contests, less 10
a deduction for uncollectable gaming receivables not to exceed the 11
uncollectable amounts owed as a result of wagers placed at or through a 12
gambling game or four percent of the total gross receipts, whichever is less. 13
The licensee shall not receive the deduction unless the licensee provides 14
written proof to the State Treasurer of the uncollected gaming receivables and 15
has complied with all the rules adopted by the Board regarding the issuance of 16
credit and the collection of amounts due under a credit extension. 17
(11) “Wagerer” means a person who plays a gambling game authorized 18
under this subchapter. 19

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(12) “Winnings” means the total cash value of all property or sums, 1
including currency, tokens, or instruments of monetary value paid to wagerers 2
as a direct result of wagers placed at or through a gambling game. 3
§ 683. BOARD OF LIQUOR AND LOTTERY; JURISDICTION; POWERS 4
The Board shall have jurisdiction over and shall supervise all gambling 5
operations governed by this subchapter. The Board, through the 6
Commissioner, shall have all powers necessary and proper to carry out the 7
provisions of this subchapter, including the power: 8
(1) to investigate applicants and determine the eligibility of applicants 9
for licenses; 10
(2) to supervise casino gambling operations and all persons in casinos or 11
casino enterprises where gambling operations are conducted; 12
(3) to inspect and examine all premises where casino gaming occurs; 13
(4) to inspect, examine, audit, impound, seize, or assume physical 14
control of all books, ledgers, documents, writings, photocopies, videotapes, or 15
other records related to casino gambling operations and gaming; 16
(5) to investigate and deter violations of this subchapter or rules adopted 17
by the Board; 18
(6) to hire appropriate administrative staff and investigators as necessary 19
to carry out a