In the case of a loss at a bingo event, the licensee must pay the prizewinners first. The payment may be made from the float and the gross receipts of the event. If there is still not enough money to pay the prizes, the organization may pay the prizewinners by cheque from its lottery trust account.

The Operator of the bingo hall and the licensee must share the responsibility for a bingo loss. The licensee is responsible for 50 per cent of the loss and the Operator is responsible for the remaining 50 per cent.

When there is a loss at an event, the licensee cannot reimburse bona fide member expenses.

Was this page useful?

Please help us improve the AGCO website by responding to this survey