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(a) A separate permit must be obtained for each Calcutta pool. The application must specify the physical address or location of the intended Calcutta pool.
(b) A Calcutta pool auction must take place at a single event.
(c) A bidder in a Calcutta pool auction must be physically present at the auction of participants or contestants in the event that is the subject of the Calcutta pool and must personally make all bids. An auction bid may not be placed by proxy or by any other means of indirect communication.
(d) A permittee shall include the report for each Calcutta pool required under AS 05.15.080 (c) with the quarterly report filed with the department under AS 05.15.080 (a) or, if a report is not required for that quarter, with the annual report filed with the department under AS 05.15.080 (b).
(e) If a permittee awards a Calcutta pool prize with a value of $50 or more, the permittee shall ensure that the winner acknowledges receipt of the prize by completing and signing a prize receipt form that includes the winner's name, address, and telephone number.
(f) A person involved in the conduct of a Calcutta pool must be an employee, volunteer, or member of the permittee that conducts the Calcutta pool, and must be 18 years of age or older.
(g) House rules must clearly explain how a Calcutta pool will be conducted, must specify who may participate as a bidder, and must be conspicuously posted where the Calcutta pool is held.
(h) A permittee or qualified organization that conducts an event on which a Calcutta pool could be conducted may not authorize another permittee to conduct a Calcutta pool on that event, even if the permittee or qualified organization does not conduct a Calcutta pool on the event itself.
(i) A permittee authorized to conduct a Calcutta pool on an event run by a person who does not qualify for a permit must submit a copy of the agreement to conduct a Calcutta pool to the department with an original or amended application.
(j) A permittee may not pay any portion of the net proceeds from a Calcutta pool to the person who authorizes the permittee to conduct a Calcutta pool, and may not pay for the right to conduct a Calcutta pool.
History: Eff. 11/4/2005, Register 176
Authority: AS 05.15.060
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Last modified 7/05/2006