08/23/2013 11:45 EDT | Updated 10/23/2013 05:12 EDT

Bingo revenues decline, Nova Scotia wants to reverse the trend for good causes

HALIFAX - New rules came into effect in Nova Scotia this month aimed at giving organizations that run charitable bingos a chance to turn around some difficult financial times.

The provincial government says wagers on charitable bingo have fallen 62 per cent in the last decade, resulting in a 46 per cent drop in revenues.

To try and reverse the trend, the government has brought in new regulations that, among other things, allow free bingo cards to be issued and increased the daily prize limit for the games to $20,000, up from $15,000.

John MacDonell, minister of Service Nova Scotia and municipal relations, says the money made at bingos support everything from volunteer fire departments to sports teams.