Gambling Control Board approves routine transfers, capital projects and licenses; opens rules comment period

The Gambling Control Board on Oct. 20 approved a series of routine fund transfers, property and capital-asset expenditure requests, game approvals and license applications, and opened a public comment period on five proposed rule changes, board Chair Jim Nardone said during the meeting.

The action matters because the board regulates charitable gambling operations that generate billions in gross receipts and because board members flagged a statutory 5% cap on capital improvements that some organizations are exceeding amid rising costs. Director White gave agency financial figures showing year-to-date gross receipts and outlined outreach and training the board is conducting as it begins the rules process.

Director White reported the industry’s gross receipts for August were $429,700,000, up 1.85% from August a year earlier, and year-to-date gross receipts were $847,400,000, an increase of 2.67% compared with the…