Calcutta Auction
A Calcutta auction is a lottery scheme associated with competitive events such as curling bonspiels, rodeo and goose shoots, to name a few. Competitors in the events are sold by auction to people in attendance at the Calcutta auction and the purchaser(s) of the winning competitor share a predetermined percentage of the proceeds of the sale.
Only charitable and religious organizations can hold a Calcutta auction event. The LGCA licenses these types of organizations to conduct sports drafts in accordance with Section 207(1)(b) of the Criminal Code (Canada). If your organization has never been licensed, you must submit background information about your organization to determine your eligibility.
Terms and Conditions
Organizations holding Calcutta auction events must comply with the terms and conditions set by the LGCA.
Application Forms
The LGCA conducts background investigations on all applications as part of the licensing process. Failing to disclose complete and relevant information in the application form will result in a more detailed investigation, longer processing time, and the possible denial of a licence. You cannot advertise your Calcutta auction event until your licence is approved.
Fees
The licence fee is 1.5% of the actual gross revenue of the Calcutta auction. The fee is due after the event when you submit your financial reports. The LGCA will let you know what your reporting requirements are when your licence is issued.