The license issued to an authorized organization is subject to revocation under this chapter if the organization:
(1) Makes a false statement or material omission in an application for a license under this chapter;
(2) Fails to maintain records that fully and accurately record each transaction connected with: Conducting raffles or games of bingo; and
(3) Leasing of premises to be used for raffles or games of bingo;
(4) Falsifies or makes a false entry in a book or record if the entry relates in any way to the promotion, operation, or administration of raffles or games of bingo;
(5) Diverts or pays a portion of the proceeds from a raffle or a game of bingo to a person except in furtherance of one (1) or more of the lawful purposes set forth in this chapter; or
(6) Violates this chapter or a term of a license issued under this chapter in any other way.