Selling Price and Coupons

Determining the Selling Price

The price at which bingo paper will be sold to players is set by the organization when ordering bingo paper from a licensed distributor. The distributor will then print on their invoice the amount the organization said it will charge players for the bingo paper. Once the paper has been purchased from the distributor, the price listed on the distributor’s invoice is the price the organization must charge players for the bingo paper. The price does not have to be printed on the bingo paper itself.

Changing the Selling Price

The selling price of bingo paper or hard cards may only be changed in one of the following ways:

1. unopened cases of bingo paper may be returned to the distributor for credit. Then the paper may be repurchased with the desired selling price listed on the new invoice; or
2. the cost to the player of the bingo paper or hard cards may be reduced through the use of coupons.

Using Coupons

Coupons may be used to adjust the cost to the player of bingo paper sheets, bingo paper packets, bingo paper packages, and bingo hard cards. However, coupons may not be used for a linked bingo game. The selling price may be adjusted down to zero with the use of a coupon.

The following information must be on each redeemed bingo coupon:

1. the dollar value of the coupon;
2. the player’s name and address; and
3. the printed name and signature, in ink, of the player redeeming the coupon.

Identification of players may be kept on file to speed up the use of coupons. The identification must be maintained either in a paper/card file or by computer, and must be available upon request of the Gambling Control Board.

Keep all coupons and records in a secured area for at least 3½ years.