Allowing bingo players to have their own accounts on card-minding devices would put an end to lines at the cashier as well as give players more choices in the games they want to play.
Moreover, it would increase the flow of funds to bingo supported charities in Texas.
Knowles Cornwell, Executive Vice President & COO of Four Corners, explains in this video how Texas charities could raise upwards of $36 million under the proposed rule.
K&B Sales dba Good-Time Action® Games, a Four Corners company, and the Department of Texas Veterans of Foreign War petitioned the Texas Lottery Commission to adopt rules governing the use of bingo Card-Minding Systems that could stem the tide of declining dollars for charities.
The petition is aimed at stimulating the sales of pull-tab bingo tickets.
In 2012, Texas’ bingo charities generated 59% of their total net receipts or $103 million from the sale of pull-tab bingo tickets.
Pull-tabs have helped offset losses caused by the Texas Lottery and 8-liners.
The proposed new rule would allow for multi-play pull-tab bingo tickets using video confirmation of whether the ticket is a winner or loser.
Allowing players to use a customer account would eliminate trips back and forth to the cashier and make the experience more convenient.
According to a study by Sanderson Consulting on the economic impact of the proposed rule change, bingo charities as well as regulators will benefit from the proposed rule change by broadening entertainment value and improving audit oversight:
- Allows customers to pick and choose the types and number of bingo cards to play on a card-minder device.
- Allows customers to purchase pull-tab bingo tickets and disposable paper cards from floor workers.
- Allows customer to make additional purchases without having to wait in line at the cashier point of sale.
- Provides for additional types of bingo games currently played on paper by making it commercially feasible to allow the exchange of electronic facsimile cards, selection of player preferred permutations and bonanza style games.
- Increases player confidence in the integrity of the game.
- Improves audit capabilities for both the regulator and charity by electronically tracking monies, game purchases, and prize amounts.
- Allows increased and near instantaneous accountability for conductors in their sales operation.
- Enhances inventory control by electronically tracking sales.
- Can reduce under-reporting.