In this section the following words have the meanings indicated. “Multi-drawing raffle” means a raffle for which the drawings are held on more than 1 day. “Raffle” means one or more drawings using a single series of chances sold in chance books or similar devices, at which one or more prizes are awarded. “Single-drawing raffle” means a raffle for which the drawings are held on a single day. At a gaming event, the holder of a raffle may award a prize of money or merchandise using a chance book. A single–drawing raffle may have only one major prize. During a year, an organization listed in § 13–903 of this subtitle may hold not more than: six single–drawing raffles in which the major prize is worth $2,500 or more; or ten single–drawing raffles in which the major prize is worth less than $2,500. An organization listed in § 13–903 of this subtitle may not hold: more than 52 weekly drawings in a multi–drawing raffle; or more than two multi–drawing raffles during a year.