Tuesday, March 13, 2012

Office Pools for March Madness and the Law

Every year the calendar page turns to March and every year offices nationwide lose hours of productivity as people become wrapped up in March Madness and NCAA Basketball.  For a lot of offices this means tournament brackets and cash buy-ins.  What most people do not realize is that such office pools are illegal in Tennessee.  The participation in gambling can range from a Class C Misdemeanor (the lowest level criminal offense) to a Class E Felony for Aggravated Gambling Promotion.  Gambling is defined as 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. Gambling does not include a lawful business transaction, annual events operated for the benefit of charitable 501(c)(3) organizations, and the state lottery. 

So when thinking about putting cash in on your office bracket pool, remember you are violating the law.  Unless you picked Kentucky this year, you would probably just be wasting your money anyway. 

If you or your loved ones are facing criminal charges, do not gamble on your future.  Contact the licensed Tennessee attorneys of The Law Offices of Andrew E. Farmer at (865) 428-6737 for your free consultation today. Our experienced trial attorneys practice in Sevier, Jefferson, Knox, Cocke & Blount Counties.

No comments: