Nevada (break open ticket) Licensing
A break
open ticket is a device made of cardboard that reveals symbols by tearing open
perforated cover window tabs. The winning combination of symbols is specified
on the back of the ticket. Break open tickets are also known as Nevada
tickets or pull tabs. A municipality may issue a license to eligible local
charitable or religious organizations where the break open tickets are not to
be sold in conjunction with another gaming event.
Application Requirements
§
Completed
application form 6140 from
the Ontario Alcohol and Gaming
Commission
§
Principal
officers must supply original signatures
§
License
fee – 3% of the total prize value (cheque written on the Lottery
Trust Account, payable to the Town of Caledon)
§
Sample
copy of Nevada ticket
§
Any
changes or amendments to the requirements
§
Current
copy of the Gaming Service Supplier Registration
§
Current
copy of the Gaming Equipment Supplier Registration
§
Certificate
of registration of the third party location selling tickets
Reports
Break open ticket reports
(form 4218)
must be filed within 30 days from expiry of license. The
following documents must accompany the financial report:
§
copies
of all original stamped deposit slips related to the event
§
receipts
from ticket seller and/or gaming services supplier (reconciliation form)
§
receipts
for expenses (i.e. invoice for purchase of tickets)
§
original
stamped monthly bank statement and cancelled cheques
Nevada proceeds breakdown
Third
party location:
§
total
expenses (not including license fee) not to exceed 14.5% (BN1) OR 16.35% (BN2)
of gross proceeds
§
sales
commission to seller not to exceed 6.5% of the gross receipts, inclusive of GST
§
registered
gaming supplier not to exceed 4% of the gross receipts
Charity's
own location:
§
total
expenses not to exceed 10% of gross receipts
Please note that the issuance of a new
license will be delayed if the reports from a previous license are not up to
date.
The licensee must conduct and manage the
event in accordance with the Terms and Conditions of the license.
For Further information, please contact the
customer service centre at 905-584-2272 ext. 4636 or by email at info@caledon.ca
