What is the name of your state (only U.S. law)? Tennessee
39-17-501. Part definitions.
As used in this part, unless the context otherwise requires:
(1) Gambling is contrary to the public policy of this state and means risking anything of value for a profit whose return is to any degree contingent on chance, or any games of chance associated with casinos, including, but not limited to, slot machines, roulette wheels and the like. For the purposes of this chapter gambling does not include:
(A) A lawful business transaction;
(B) Annual events operated for the benefit of charitable § 501(c)(3) organizations that are authorized pursuant to a two-thirds (2/3) approval of the general assembly, so long as such events are not prohibited by the state constitution; or
(C) A state lottery of the type such as is in operation in Georgia, Kentucky, and Virginia in 2000 and authorized by amendment to the Constitution of Tennessee, if such lottery is approved by the general assembly;
(2) "Gambling bet" means anything of value risked in gambling;
(3) "Gambling device or record" means anything designed for use in gambling, intended for use in gambling, or used for gambling;
(4) "Lawful business transaction", as used in subdivision (1), includes any futures or commodities trading;
(5) "Lottery" means the selling of anything of value for chances on a prize or stake; and
(6) "Profit" means anything of value in addition to the gambling bet.
My question is this: Is it viewed as a "for a profit" if someone was to pay cash for tickets or credits to use on a slot machine? Any tickets or credits they win from the slot machine can be redeemed for a prize, not cash, but a prize such as drinks or food and the like. Does it still fall under this law?
My next question pertains to this section of the Tennessee Gambling Law: 39-17-508. Premiums at fairs.
It is lawful and not in violation of this part for a person, upon complying with the rules of public fairs, to enter and contend for any and all such premiums as may be offered at such fairs.
I tried to look around online but could not find anything that constitutes what a 'fair' is. What constitutes a 'fair'?
39-17-501. Part definitions.
As used in this part, unless the context otherwise requires:
(1) Gambling is contrary to the public policy of this state and means risking anything of value for a profit whose return is to any degree contingent on chance, or any games of chance associated with casinos, including, but not limited to, slot machines, roulette wheels and the like. For the purposes of this chapter gambling does not include:
(A) A lawful business transaction;
(B) Annual events operated for the benefit of charitable § 501(c)(3) organizations that are authorized pursuant to a two-thirds (2/3) approval of the general assembly, so long as such events are not prohibited by the state constitution; or
(C) A state lottery of the type such as is in operation in Georgia, Kentucky, and Virginia in 2000 and authorized by amendment to the Constitution of Tennessee, if such lottery is approved by the general assembly;
(2) "Gambling bet" means anything of value risked in gambling;
(3) "Gambling device or record" means anything designed for use in gambling, intended for use in gambling, or used for gambling;
(4) "Lawful business transaction", as used in subdivision (1), includes any futures or commodities trading;
(5) "Lottery" means the selling of anything of value for chances on a prize or stake; and
(6) "Profit" means anything of value in addition to the gambling bet.
My question is this: Is it viewed as a "for a profit" if someone was to pay cash for tickets or credits to use on a slot machine? Any tickets or credits they win from the slot machine can be redeemed for a prize, not cash, but a prize such as drinks or food and the like. Does it still fall under this law?
My next question pertains to this section of the Tennessee Gambling Law: 39-17-508. Premiums at fairs.
It is lawful and not in violation of this part for a person, upon complying with the rules of public fairs, to enter and contend for any and all such premiums as may be offered at such fairs.
I tried to look around online but could not find anything that constitutes what a 'fair' is. What constitutes a 'fair'?