§ 543.6 Does this part apply to small and charitable gaming 

operations? 

 Comparison of July TGWG Submission to July 2010 Draft MICS 

Page 1 of 2  NIGC VERSION   11/30/2011 

In 2010, the NIGC posted on its web-site draft Class II MICS. This document will compare the 2010 draft MICS to the TGWG MICS proposal.  Editing convention: The words in blue (underlined) and red (struck-through) are the additions and deletions made by the TGWG.   

July 2010 Draft MICS TGWG Version 

§ 543.6   Does this part apply to small and 

charitable gaming operations? 

 (a) Small gaming operations. This part does not apply to small gaming operations provided that: (1) The tribal gaming regulatory authority permits the operation to be exempt from this part; (2) The annual gross gaming revenue of the operation does not exceed $3 million; and (3) The tribal gaming regulatory authority develops and the operation complies with alternate procedures that: (i) Protect the integrity of games offered; (ii) Safeguard the assets used in connection with the operation; and (iii) Create, prepare and maintain records in accordance with Generally Accepted Accounting Principles. (b) Charitable gaming operations. This part does not apply to charitable gaming operations provided that: (1) All proceeds are for the benefit of a charitable organization; (2) The tribal gaming regulatory authority permits the charitable organization to be exempt from this part; (3) The charitable gaming operation is operated wholly by the charitable organization's agents; (4) The annual gross gaming revenue of the charitable operation does not exceed $3 million; and (5) The tribal gaming regulatory authority develops and the charitable gaming operation complies with alternate procedures that: (i) Protect the integrity of the games offered; (ii) Safeguard the assets used in connection with the gaming operation; and (iii) Create, prepare and maintain records in 

§ 543.6 Does this part apply to small and 

charitable gaming operations? 

 (a) Small Gaming Operations. This part does not apply to small gaming operations provided that: (1) The tribal gaming regulatory TGRA permits the operation to be exempt from this part; (2) The annual gross gaming revenue of the operation does not exceed $3 million; and (3) The tribal gaming regulatory TGRA develops and the operation complies with alternate procedures that: (i) Protect the integrity of games offered; (ii) Safeguard the assets used in connection with the operation; and (iii) Create, prepare and maintain records in accordance with Generally Accepted Accounting Principles. (b) Charitable Gaming Operations. This part does not apply to charitable gaming operations provided that: (1) All proceeds are for the benefit of a charitable organization; (2) The tribal gaming regulatory TGRA permits the charitable organization to be exempt from this part; (3) The charitable gaming operation is operated wholly by the charitable organization’s agents; (4) The annual gross gaming revenue of the charitable operation does not exceed $3 million; and (5) The tribal gaming regulatory TGRA develops and the charitable gaming operation complies with alternate procedures that:  (i) Protect the integrity of the games offered; (ii) Safeguard the assets used in connection with the gaming operation; and (iii) Create, prepare and maintain records in 

§ 543.6 Does this part apply to small and charitable gaming 

operations? 

 Comparison of July TGWG Submission to July 2010 Draft MICS 

Page 2 of 2  NIGC VERSION   11/30/2011 

accordance with Generally Accepted Accounting Principles. For more information please see www.fasb.gov or www.fasb.org . (c) Independent operators. Nothing in this section exempts gaming operations conducted by independent operators for the benefit of a charitable organization.  

accordance with Generally Accepted Accounting Principles. For more information please see www.fasb.gov or www.fasb.org. (c) Independent Operators. Nothing in this section exempts gaming operations conducted by independent operators for the benefit of a charitable organization. 

 NIGC Comments to TGWG Proposed Regulation 

 Discussion of applicability of GASB (Governmental Accounting Standards Board) may be warranted. Also it should be fasb.org not fasb.gov.  

TGWG Guidance 

None