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Frequently Asked Questions Related to Gambling

Question: How much money is actually raised for charity?

Answer: This is dependent on a number of factors.

Question: If our organization had no gaming activity during the current quarter, are we still required to file a tax return?

Answer: Yes. All licensed gaming organizations are required to file a quarterly tax return unless the organization has surrendered its license.

Question: Who regulates Indian gaming?

Answer: Indian tribes are the primary regulators of Class II gaming. Regulation of Class III gaming may be addressed in the Tribal-State compacts and varies by state with the tribes remaining the primary regulator in most states. Both Class II and Class III gaming are subject to the provisions of the IGRA and oversight by the NIGC.

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