WAC 230-10-370   Adjusted cash flow limits for bingo.  For the purpose of this subsection, "gross receipts" means the combined gross gambling receipts from bingo, pull-tab, and punch board activities. Bingo licensees must ensure that the adjusted cash flow from the bingo operation available for its charitable or nonprofit programs during each license year is, at least:

Gross Receipts*	Adjusted Cash Flow
(1) Above $1,500,000 up to $2,500,000	Three percent of gross receipts over $1,500,000
(2) Above $2,500,000 up to $3,500,000	$30,000 plus four percent of gross receipts over $2,500,000
(3) Above $3,500,000 up to $4,500,000	$70,000 plus five percent of gross receipts over $3,500,000
(4) Above $4,500,000	$120,000 plus six percent of gross receipts over $4,500,000

*If the licensee does not operate for a full license year, we may pro rate the requirements based on full quarters operated.



[Statutory Authority: RCW 9.46.070. 07-10-033 (Order 610), § 230-10-370, filed 4/24/07, effective 1/1/08.]