2023 New York Laws › PML - Racing, Pari-Mutuel Wagering and Breeding Law › Article 13 - Destination Resort Gaming › Title 5 - Requirements for Conduct and Operation of Gaming › 1334 - Internal Controls.

§  1334.  Internal  controls.  1. Each applicant for a gaming facility
license  shall  create,  maintain,  and  file  with  the  commission   a
description of its internal procedures and administrative and accounting
controls  for  gaming  operations that conform to commission regulations
and provide adequate and  effective  controls,  establish  a  consistent
overall  system of internal procedures and administrative and accounting
controls and conform to generally accepted  accounting  principles,  and
ensure that gaming facility procedures are carried out and supervised by
personnel  who  do  not  have  incompatible functions. A gaming facility
licensee's internal controls shall contain a  narrative  description  of
the  internal  control  system  to  be  utilized by the gaming facility,
including, but not limited to:
(a) Accounting controls, including the standardization  of  forms  and
definition of terms to be utilized in the gaming operations;
(b)  Procedures,  forms, and, where appropriate, formulas covering the
calculation of hold percentages;  revenue  drop;  expense  and  overhead
schedules;  complimentary  service or item; junkets; and cash equivalent
transactions;
(c) Procedures within the cashier's cage for the receipt, storage  and
disbursal of chips, cash, and other cash equivalents used in gaming; the
cashing  of  checks;  the redemption of chips and other cash equivalents
used  in  gaming;  the  pay-off  of  jackpots;  and  the  recording   of
transactions pertaining to gaming operations;
(d) Procedures for the collection and security of moneys at the gaming
tables;
(e)  Procedures  for the transfer and recordation of chips between the
gaming tables and the cashier's cage;
(f) Procedures for the transfer of moneys from the  gaming  tables  to
the counting process;
(g)  Procedures  and  security  for  the  counting  and recordation of
revenue;
(h) Procedures for the security,  storage  and  recordation  of  cash,
chips and other cash equivalents utilized in the gaming;
(i)  Procedures  for  the  transfer of moneys or chips from and to the
slot machines;
(j) Procedures and standards for the  opening  and  security  of  slot
machines;
(k)  Procedures  for  the  payment  and  recordation  of  slot machine
jackpots;
(l) Procedures for the cashing and recordation of checks exchanged  by
casino patrons;
(m) Procedures governing the utilization of the private security force
within the gaming facility;
(n)  Procedures and security standards for the handling and storage of
gaming apparatus including cards, dice, machines, wheels and  all  other
gaming equipment;
(o) Procedures and rules governing the conduct of particular games and
the responsibility of gaming facility personnel in respect thereto;
(p)  Procedures for the orderly shutdown of gaming facility operations
in the event that a state  of  emergency  is  declared  and  the  gaming
facility  licensee is unable or ineligible to continue to conduct gaming
facility operations during such a state of emergency,  which  procedures
shall  include,  without limitation, the securing of all keys and gaming
assets.
2. No minimum staffing requirements shall be included in the  internal
controls created in accordance with subdivision one of this section.