(a) Definitions

(a) Definitions. As used in this article: (i) "Calcutta wagering" means wagering on the outcome of amateur contests, cutter horse racing, dog sled racing, professional rodeo events or professional golf tournament in which those who wager bid at auction for the exclusive right to "purchase" or wager upon a particular contestant or entrant in the event and when the outcome of the event has been decided the total wagers comprising the pool, less a percentage "take-out" by the event's sponsor, is distributed to those who "purchased" or wagered upon the winning contestants or entrants; (ii) "Gain" means the direct realization of winnings; (iii) "Gambling" means risking any property for gain contingent in whole or in part upon lot or chance in any game played with cards, dice, balls or on any gambling device or contingent on the happening or outcome of an event, including a sporting event, over which the person taking a risk has no control, but does not include any of the following: (A) Bona fide contests of skill, speed, strength or endurance in which awards are made only to entrants or the owners of entries. This exception shall not include skill based amusement games; (B) Bona fide business transactions which are valid under the law of contracts; (C) Other acts or transactions now or hereafter expressly authorized by law; (D) Bingo games conducted, or pull tabs sold, by charitable or nonprofit organizations where the tickets for the bingo are sold only in this state and the pull tabs are sold only on the premises owned or occupied by the charitable or nonprofit organization provided that: (I) Bingo games and pull tab games shall only be conducted by charitable or nonprofit organizations, which have been in existence in this state for at least three (3) years and, commencing July 1, 2020, are licensed by the Wyoming gaming commission under W.S. 11-25-104(n) to conduct bingo or pull tab games; (II) In conducting bingo games and pull tab games the organization shall use only volunteers who are bona fide members of the charitable or nonprofit organization or employees or contractors who are paid by the organization to assist in the operation of the game; (III) Players of bingo games or pull tab games shall be eighteen (18) years or older; (IV) At least sixty-five percent (65%) of all gross sales shall be redeemed as winnings each month. The net proceeds after payment of winnings shall be restricted as follows: (1) No more than forty percent (40%) of net proceeds shall be paid to distributors or manufacturers of supplies or equipment necessary to conduct the game; and (2) Seventy-five percent (75%) of the net proceeds remaining after payment for all costs and supplies shall be donated within one (1) year by the organization to a bona fide charitable or benevolent purpose. (V) The charitable or nonprofit organization conducting the bingo game or pull tab game may purchase supplies or equipment necessary to conduct the game from a distributor or manufacturer at a price based on a per card or pull tab basis subject to the limitations provided in subdivision (D)(IV)(1) of this paragraph. (E) Any game, wager or transaction: relationship; only; (I) Incidental to a bona fide social (II) Participated in by natural persons (III) Conducted in a private manner, at a private place or at a business or fraternal organization for which the primary source of revenue of the business or fraternal organization is not derived from any activity involving risking property for gain; (IV) Not advertised or otherwise open to public participation; and (V) In which no person receives any remuneration from facilitating, participating in, hosting or organizing the game, wager or transaction other than the direct realization of winnings. (F) Calcutta wagering on contests or events conducted by a bona fide nationally chartered veterans', religious, charitable, educational or fraternal organization or nonprofit local civic or service club organized or incorporated under the laws of this state and, commencing July 1, 2020, licensed by the Wyoming gaming commission under W.S. 11-25104(n) to conduct calcutta wagering on contests or events, provided that: (I) solely in this state; The contest or event is conducted (II) Any rules affecting the contest or requirements for participants are clearly posted; (III) The total prizes or prize money paid out in any one (1) contest or event does not exceed ninety percent (90%) of the total wagers; (IV) A minimum of ten percent (10%) of the total wagers on each contest or event is donated within one (1) year by the sponsoring organization to a bona fide charitable or benevolent purpose; (V) No separate organization or professional person is employed to conduct the contest or event or assist therein; (VI) The sponsoring organization before conducting the contest or event gives thirty (30) days written notice of the time and place thereof to the governing body of the county or municipality in which it intends to conduct the contest or event and the governing body does not pass a resolution objecting thereto; (VII) The sponsoring organization has complied with the relevant sections of the internal revenue code of 1954, as amended, relating to taxes on wagering. (G) Display or private use of antique gambling devices in the owner's residence; (H) Raffles or drawings conducted for charitable purposes in which one hundred percent (100%) of the net proceeds remaining after payment of all costs, supplies and winnings are used for charitable purposes; (J) Any lottery game authorized and run by the Wyoming lottery corporation pursuant to W.S. 9-17-101 through