Passage of Texas Hold’em bill, allowing higher stakes, would be aces for nonprofits

: "Passage of Texas Hold�em bill, allowing higher stakes, would be aces for nonprofits

By Matt Donegan
Copy editor
Delaware�s nonprofit groups could soon be allowed to host Texas Hold�em tournaments with $1,500 top prizes if legislators approve a bill that�s now being drafted by the state�s Gaming Control Board.
Current regulations allow $1 bets and three raises of no more than $1 each in charity poker games. The new bill will call for considerably higher stakes, which translates to major profits for the group hosting the event, whether it�s a fire hall or fraternal, veterans, charitable or religious organization."