(1) Expenses that are reasonable and necessary to lawfully conduct games of bingo or raffles are allowable and include expenses incurred for: Advertising, including the cost of printing bingo and raffle gift certificates;
(2) Repairs to premises and equipment;
(3) Bingo and raffle supplies and equipment;
(4) Prizes;
(5) Stated rental or mortgage and insurance expenses;
(6) License fees; and
(7) Bookkeeping or accounting services.
(8) No person may be compensated for organizing, promoting, conducting, or otherwise administering a raffle or bingo event. Any such compensation is prohibited under this chapter and is not an allowable expense.