OAR 137-025-0189
Linked Progressive Bingo Game Escrow Agents — Generally

(1)

Persons or organizations acting as escrow agents for linked progressive bingo game prizes must be licensed by the Department pursuant to ORS Chapter 464 (Games) and the administrative rules adopted pursuant to that law. Licensees shall be licensed pursuant to ORS 696.505 (Definitions for ORS 696.505 to 696.590) et seq. or shall comply with subparagraph (2) below. To act as an escrow agent, licensees shall be third parties independent of any Linked Progressive Bingo Contractor or bingo licensee involved in the operation of the linked progressive bingo game. All funds held in escrow for charitable gaming licensers shall be held in a designated escrow account or deposit with a commercial bank, located within the state of Oregon and approved by the Department.

(2)

A Linked Progressive Bingo Game Escrow Agent not licensed pursuant to ORS 696.505 (Definitions for ORS 696.505 to 696.590) et seq. shall deposit with the Department a corporate surety bond running to the State of Oregon, executed by a surety company satisfactory to the Department in the amount of $25,000.

(3)

An escrow agent may satisfy the preceding requirement by depositing with the State Treasurer an amount equal to $25,000 in a form satisfactory to the Department for the faithful performance of the agent’s linked progressive bingo game activity.

(4)

The designated escrow agent for a particular linked progressive bingo game shall, upon obtaining the relevant information from the host licensee, immediately obtain a cashier’s check for the winning amount, made payable to the winner, and shall prepare the appropriate federal W2G form. The escrow agent shall then immediately deliver the check to the winner in a manner consistent with the winner’s expressed method of delivery as communicated to the host licensee.

Source: Rule 137-025-0189 — Linked Progressive Bingo Game Escrow Agents — Generally, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=137-025-0189.

137‑025‑0020
Definitions 137‑025‑0030
Eligibility for Licenses in General 137‑025‑0040
General Requirements of Operations 137‑025‑0045
Operation of Linked Progressive Bingo Games — Generally 137‑025‑0050
Classes of Licenses 137‑025‑0060
Application for Bingo License 137‑025‑0070
Issuance of License to Conduct Bingo 137‑025‑0080
Bingo License Renewal and Amendment 137‑025‑0090
Bingo Game Manager Permit 137‑025‑0091
Licensee/Permittee Qualifications 137‑025‑0100
Notice of Bingo Activities 137‑025‑0110
Operator Lists 137‑025‑0115
Application for Linked Progressive Bingo Contractor License 137‑025‑0117
Application for Linked Progressive Bingo Game Escrow Agent 137‑025‑0120
Daily Bingo Records 137‑025‑0130
Bingo Winner Records 137‑025‑0140
Bingo Reports 137‑025‑0150
Bingo Fees 137‑025‑0160
Conduct of Bingo in General 137‑025‑0170
Bingo Checking Account 137‑025‑0180
Bingo Operating Limits 137‑025‑0181
Operation of Linked Progressive Bingo Games 137‑025‑0182
Linked Progressive Bingo Game Contracts 137‑025‑0183
Access to Linked Progressive Bingo Games 137‑025‑0184
Linked Progressive Games — Manner of Conducting 137‑025‑0186
Operation of Linked Progressive Bingo Games 137‑025‑0188
Linked Progressive Bingo Games Escrow Agent Reports 137‑025‑0189
Linked Progressive Bingo Game Escrow Agents — Generally 137‑025‑0190
Exceptions Approved by Department 137‑025‑0191
Multi License Supervision 137‑025‑0200
Classes of Licenses 137‑025‑0210
Application for Raffle License 137‑025‑0220
Issuance of License to Conduct Raffles 137‑025‑0230
Raffle License Renewal and Amendment 137‑025‑0240
Raffle Records 137‑025‑0250
Raffle Winner Records 137‑025‑0260
Notice of Raffle Game 137‑025‑0270
Raffle Reports 137‑025‑0280
Raffle Fees 137‑025‑0290
Conduct of Raffles in General 137‑025‑0291
Duck Race Regulations 137‑025‑0300
Raffle Prize Limits 137‑025‑0310
Raffle Tickets 137‑025‑0400
Monte Carlo Events in General 137‑025‑0405
Classes of Monte Carlo Charitable Games Licenses 137‑025‑0410
Application for Monte Carlo Event License 137‑025‑0415
Application for Monte Carlo Supplier/Event Contractor License 137‑025‑0420
Issuance of License to Conduct Monte Carlo Events or Supply Equipment and Services 137‑025‑0425
Monte Carlo License Renewal and Amendment 137‑025‑0430
Conduct of Monte Carlo Events in General 137‑025‑0435
Notice of Monte Carlo Event 137‑025‑0440
Monte Carlo Equipment Supplier/Event Contractor Contracts 137‑025‑0450
Purchase/Sale of Monte Carlo Imitation Money 137‑025‑0455
Monte Carlo Event Prizes 137‑025‑0460
Authorized Games 137‑025‑0470
Monte Carlo Event Reports 137‑025‑0475
Monte Carlo Event Records 137‑025‑0480
Monte Carlo Event Fees 137‑025‑0500
Suspension, Revocation and Civil Penalties 137‑025‑0520
Model APA Rules 137‑025‑0530
Effective Dates
Last Updated

Jun. 8, 2021

Rule 137-025-0189’s source at or​.us