Legal Question in Business Law in Alaska
Is it legal to hold a free poker (Texas Hold'em) tournament and give out cash prize.
Asked on 7/08/11, 11:40 am
1 Answer from Attorneys
Terrence Thorgaard
Thorgaard Law Firm
"Gambling", which is a crime in Alaska, is defined in 11.66.280 (2).
"(2) "gambling" means that a person stakes or risks something of value upon the outcome of a contest of chance or a future contingent event not under the person's control or influence, upon an agreement or understanding that that person or someone else will receive something of value in the event of a certain outcome; "gambling" does not include
...
(C) an activity authorized by the Department of Revenue under AS 05.15
..."
So, unless you have a permit from the Department of revenue, and you give out a cash prize to the winner of a poker game, it would be illegal gambling.
Answered on 7/08/11, 12:13 pm
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