reglab/statecodes huggingface dataset:
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 03 - Administrative › Chapter 07 - Claims for Refund › Section 35-5-03-07-100

Current through June 25, 2024
If the chairman finds that the licensee has overpaid his
					 tax or fees for any reason and the licensee has discontinued business and there
					 is no subsequent liability upon which the excess may be credited, or if the
					 amount of the excess exceeds the estimated liability for the next twelve
					 months, the excess shall be certified to the state auditor. The auditor may
					 issue his warrant to the state treasurer in favor of the taxpayer for the
					 amount of tax erroneously paid into the state treasury.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 03 - Administrative › Chapter 08 - Distribution of Local Government Fee › Section 35-5-03-08-100

Current through June 25, 2024
This regulation is to prescribe the method that will be
					 used to determine the pro rata portion of tax revenues, collected under the
					 authority of §
										75-76-195,
					 which will be forwarded to the counties and municipalities in the event a
					 municipality annexes previously unincorporated territory. Note: This
					 methodology would also apply if a municipality contracts it corporate
					 limits.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 03 - Administrative › Chapter 08 - Distribution of Local Government Fee › Section 35-5-03-08-101

Current through June 25, 2024
§
										75-76-197
					 requires that the Local Government Fee collected under the provisions of §
										75-76-195
					 be distributed as follows:
1. If the
				  licensed gaming establishment is not located within an incorporated
				  municipality, then the entire proceeds of the tax received shall be forwarded
				  to the county in which the establishment is located.
2. If the licensed gaming establishment is
				  located within an incorporated municipality, then the proceeds of the tax
				  received shall be forwarded to the municipality in the proportion that the
				  population of the municipal corporation bears to the entire population of the
				  county, and to the county in proportion to the population of the county outside
				  of the municipal corporation bears to the entire population of the county. The
				  populations for the municipality and for the county shall be determined by the
				  most recent federal census.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 03 - Administrative › Chapter 08 - Distribution of Local Government Fee › Section 35-5-03-08-102

Current through June 25, 2024
When an incorporated municipality extends it boundaries
					 through annexation of unincorporated territory thereby increasing the
					 population of the incorporated municipality, then such municipality may
					 petition the Commissioner requesting that he amend the tax computation to
					 reflect the population growth resulting from the annexation according to the
					 population figures for the annexed area contained in the most recent federal
					 census. The municipality must provide to the Commissioner a statement from the
					 United States Department of the Census providing the post annexation population
					 results. The municipality must also provide to the Commissioner a certified
					 copy of the decree that ratifies, approves and confirms the annexation as filed
					 with the Secretary of State.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 03 - Administrative › Chapter 08 - Distribution of Local Government Fee › Section 35-5-03-08-103

Current through June 25, 2024
The Commissioner shall recalculate the percentages and
					 shall use the revised percentages to determine the tax to be returned to the
					 municipality and to the county and which revised calculations shall become
					 effective the first day of the month, but no less than thirty (30) days,
					 following notification to the Commissioner and provision of the required
					 documentation.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 03 - Administrative › Chapter 08 - Distribution of Local Government Fee › Section 35-5-03-08-104

Current through June 25, 2024
At the time of enactment of this regulation, the effective
					 date for establishment of the revised calculation for any municipality which
					 has petitioned the Commissioner and has provided the required documentation,
					 shall be the first day of the month following final approval and adoption of
					 this regulation.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 04 - Taxation › Chapter 01 - Gross Revenue Subject to Taxation › Section 35-5-04-01-100

Current through June 25, 2024
Gross revenue subject to taxation includes cash received
					 as winnings, cash received for credit extended to a patron for purposes of
					 gaming, and compensation received for conducting any game in which the licensee
					 is not party to a wager, less cash paid out as losses to patrons or amounts
					 paid to purchase annuities to fund losses paid to patrons over several years by
					 independent financial institutions.
1.
				  For each table game, gross revenue equals the closing bankroll plus credit
				  slips for cash, chips, or tokens returned to the casino cage, plus drop, less
				  opening bankroll and fills to the table.
2.
a. For
				  each slot machine, gross revenue equals drop less fills to the machine, jackpot
				  payouts, and, if the licensee retains detailed documentation supporting the
				  deduction, the actual cost to the licensee of any personal property (other than
				  costs of travel, food, lodging, services, food and beverages) provided for or
				  distributed to a patron as winnings.
b. The initial hopper load is not a fill and
				  does not affect gross revenue. The difference between the initial hopper load
				  and the total amount that is within a hopper when hopper loads are tested will
				  be an adjustment to gross revenue. The taxpayer/licensee may appropriately
				  adjust gross revenue, no less than quarterly, when a test of the hopper loads
				  was made and such adjustment made to the books and records of the
				  taxpayer/licensee. Each taxpayer/licensee is required to submit for approval
				  and maintain on file with the MSTC the sampling methods and testing schedules
				  employed to determine the hopper adjustments and include such methodology in
				  their written system as provided to the MSTC. When hopper adjustments are made,
				  the taxpayer/licensee must maintain all supporting documentation for the
				  adjustments in accordance with the record retention requirements found in the
				  MSTC Regulations for Gaming Establishments. The taxpayer/licensee must make
				  these records available to the designated agent of the Chairman of the MSTC
				  upon request. If the licensee does not maintain adequate support for the
				  adjustment, or makes inaccurate additions or subtractions to gross revenue, the
				  MSTC may calculate and determine an estimated total amount in the slot machine
				  hoppers and make reasonable adjustments to gross revenue during the course of
				  an audit.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 04 - Taxation › Chapter 02 - Taxation of Credit Instruments › Section 35-5-04-02-100

Current through June 25, 2024
There is imposed on each licensee a fee based on the value
					 of any collectible credit instrument received as a result of gaming which
					 remains unpaid on the last day of every month.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 04 - Taxation › Chapter 02 - Taxation of Credit Instruments › Section 35-5-04-02-101

Current through June 25, 2024
Any payments made on credit instruments prior to months
					 end are to be included in gross revenue and taxed accordingly. Only the
					 remaining collectible amounts of the credit instruments at months end are
					 included in this levy.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 04 - Taxation › Chapter 02 - Taxation of Credit Instruments › Section 35-5-04-02-103

Current through June 25, 2024
Credit against total license fee due shall be allowed for
					 any credit instrument which was, at a later date, settled for a lesser amount
					 or determined to be uncollectible. This credit shall be taken on the next
					 monthly license fee return following final determination of the credit
					 instrument. Supporting documentation shall be maintained by the licensee for a
					 period of three years.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 01 - Internal Accounting Controls › Section 35-5-05-01-100

Current through June 25, 2024
Each gaming licensee shall establish a plan of internal
					 administrative and accounting controls and procedures for the purpose of
					 determining the licensee's liability for taxes and fees under the Mississippi
					 Gaming Control Act and to ensure the accuracy and reliability of all accounting
					 data. Required controls or procedures for adoption by each licensee shall
					 include, but are not limited to, and are designed to reasonably ensure
					 that:
1. Assets are
				  safeguarded;
2. Financial records
				  are accurate and reliable;
3.
				  Transactions are performed only in accordance with management's general or
				  specific authorization;
4.
				  Transactions are recorded adequately to permit proper reporting of gaming
				  revenue and of fees and taxes, and to maintain accountability for
				  assets;
5. Access to assets is
				  permitted only in accordance with management's specific
				  authorization;
6. Recorded
				  accountability for assets is compared with actual assets at reasonable
				  intervals and appropriate action is taken with respect to any discrepancies;
				  and
7. Functions, duties, and
				  responsibilities are appropriately segregated and performed in accordance with
				  sound practices by competent, qualified personnel.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 01 - Internal Accounting Controls › Section 35-5-05-01-101

Current through June 25, 2024
Each gaming licensee and each applicant for a gaming
					 license shall describe its administrative and accounting procedures in detail
					 in its written system of internal control. Each licensee shall submit a copy of
					 this written system to the State Tax Commission. The gaming licensee will
					 submit this written system of internal control at least six (6) weeks before
					 gaming begins at its establishment. Each written system must include:
1. An organizational chart depicting
				  appropriate segregation of functions and responsibilities;
2. A description of the duties and
				  responsibilities of each position shown on the organizational chart;
3. A detailed, narrative description of the
				  administrative and accounting procedures designed to satisfy internal control
				  requirements;
4. A written
				  statement signed by the licensee's chief financial officer and either the
				  licensee's chief executive officer or a licensed owner attesting that the
				  system satisfies the internal control requirements;
5. A letter from an independent accountant
				  stating that the licensees/applicant's written system has been reviewed by the
				  accountant and complies with the requirements of the MSTC Regulations for
				  Gaming Establishments; and
6. Any
				  such other items as the Chairman of the MSTC may require.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 01 - Internal Accounting Controls › Section 35-5-05-01-102

Current through June 25, 2024
The licensee may not implement a system of internal
					 accounting controls and procedures, or amend such procedures, that do not
					 satisfy the accountability requirements of the Regulations for Gaming
					 Establishments unless the Chairman of the MSTC determines that the licensee's
					 proposed system satisfies such requirements and approves the system in writing.
					 The licensee is required to submit to the Chairman a copy of any amendments or
					 variations to any accounting procedures along with a copy of the licensee's
					 written system as amended attested by the licensee's chief financial officer
					 and either the licensee's chief executive officer or a licensed owner that the
					 amendments or variations satisfy all requirements.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 01 - Internal Accounting Controls › Section 35-5-05-01-103

Current through June 25, 2024
Annually each licensee shall require the independent
					 accountant, who has been engaged by the licensee to examine the financial
					 statements as provided in Regulation 5, to submit to the licensee two (2)
					 copies of a written report concerning the licensee's compliance with the
					 required accounting procedures and the written system of internal controls. The
					 independent accountant must compare the licensee's submitted system of internal
					 control in its entirety to ascertain whether the criteria set forth by the
					 MSTC's Regulations for Gaming Establishments or approved variations are
					 adequately addressed. The independent accountant shall report each event and
					 procedure discovered by or brought to the accountant's attention that the
					 accountant believes does not satisfy the requirements or variations that have
					 been approved by the Chairman of the MSTC. Not later than three (3) months
					 after the end of the licensee's business year, the licensee shall submit a copy
					 of the accountant's report or any other correspondence directly relating to the
					 licensee's systems of internal control to the Chairman of the MSTC accompanied
					 by the licensee's statement addressing each item of noncompliance noted by the
					 accountant and describing the corrective measures taken.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 01 - Internal Accounting Controls › Section 35-5-05-01-104

Current through June 25, 2024
Before adding or eliminating a counter game, eliminating
					 all table games, adding a table game at a gaming establishment not offering
					 table games, adding any computerized system that affects the proper reporting
					 of gross revenue, adding any computerized system for monitoring slot machines
					 or other games, or any other computerized associated equipment, the licensee
					 must:
1. Amend its accounting and
				  administrative procedures and its written system of internal control to comply
				  with the stated requirements;
2.
				  Submit to the MSTC a copy of the procedures and written system as amended, and
				  a written description of the amendments signed by the licensee's chief
				  financial officer and either the licensee's chief executive officer or a
				  licensed owner;
3. Comply with any
				  written requirements imposed by the Chairman regarding administrative approval
				  of computerized associated equipment; and
4. After paragraphs (a) through (c) have been
				  complied with, implement the procedures and written system as
				  amended.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 01 - Internal Accounting Controls › Section 35-5-05-01-105

Current through June 25, 2024
If the MSTC determines that a licensee's administrative or
					 accounting procedures or its written system does not comply with the
					 requirements of this section, the MSTC shall so notify the licensee in writing.
					 Within thirty (30) days after receiving the notification, the licensee shall
					 amend its procedures and written system accordingly, and shall submit a copy of
					 the written system as amended and a description of any other remedial measures
					 taken.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 01 - Internal Accounting Controls › Section 35-5-05-01-106

Current through June 25, 2024
The licensee's internal audit department (whose primary
					 function is performing internal audit work and who is independent with respect
					 to the departments subject to audit) must annually submit an audit schedule to
					 the Chairman of the MSTC.
1. (An
				  independent accountant may perform this function in lieu of an internal audit
				  department. For two or more licensees who essentially have common ownership, a
				  single internal audit department for the combined properties is adequate.) The
				  schedule must include as a minimum the audit of:
2. At least semiannually:
a. Table games - fill and credit procedures,
				  pit credit play procedures, soft count procedures and the subsequent transfer
				  of funds, location and control over sensitive keys, the tracing of source
				  documents to summarized documentation, and reconciliation to restricted
				  copies.
b. Slot machines - jackpot
				  payout and slot fill procedures, slot drop, count and subsequent transfer of
				  funds, surprise testing of weigh scale, slot machine case/cabinet access,
				  tracing of source documents to summarized documentation and reconciliation to
				  restricted copies, location and control over sensitive keys.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 02 - Authorized Personnel › Section 35-5-05-02-100

Current through June 25, 2024
Each licensee shall place on file with the chairman the
					 names of all persons authorized to enter the cashier's cage, those who possess
					 the combination or keys to the locks securing the entrance to the cage and
					 those who possess the ability to operate the alarm systems. Any changes shall
					 be reported to the chairman within ten days of such
					 occurrence.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 03 - Handling of Cash and Chips › Section 35-5-05-03-100 › Section 35-5-05-03-100.01

Current through June 25, 2024
Each employee in gaming operations, owner or licensee who
						receives currency of the United States (other than tips or gratuities) from a
						patron in the gaming area of a gaming establishment must promptly place the
						currency in the locked box in the table or, in the case of a cashier, in the
						appropriate place in the cashiers' cage. For those games which do not have a
						locked box, the cash or chips shall be placed in an appropriate place on the
						table, in the cash register or other repository which has been approved by the
						chairman.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 03 - Handling of Cash and Chips › Section 35-5-05-03-101

Current through June 25, 2024
No employee, licensee or owner of any gaming establishment
					 may cash for another person the chips of that gaming establishment without
					 immediately returning to the patron the cash, IOU, check, or marker redeemed
					 with the chips.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 03 - Handling of Cash and Chips › Section 35-5-05-03-102 › Section 35-5-05-03-102.01

Current through June 25, 2024
Chips of a denomination other than $1.00, $5.00, $25.00,
						$100.00 and $500.00 must be a color which can be easily distinguished from the
						standard colors of white, red, green, black and purple, and approved by the
						Executive Director of the Gaming Commission.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 06 - Cage/Vault Accountability › Section 35-5-05-06-102

Current through June 25, 2024
The cage and vault (including coin rooms/vaults)
					 inventories are counted by the oncoming and outgoing cashiers, or the cage
					 personnel who have responsibility for the coin/vault room, who shall make
					 individual counts for comparison of accuracy and maintenance of individual
					 accountability and recorded at the end of each shift during which activity took
					 place. All discrepancies are noted and investigated.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 06 - Cage/Vault Accountability › Section 35-5-05-06-105

Current through June 25, 2024
A trial balance of casino accounts receivable, including
					 the name of patron and current balance, is prepared at least monthly in the
					 case of active accounts, or quarterly in the case of inactive or written-off
					 accounts. (A listing of written-off items at the time of write-off, and another
					 listing of payments on items previously written-off are
					 acceptable.)
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 06 - Cage/Vault Accountability › Section 35-5-05-06-107

Current through June 25, 2024
In
addition
to internal audit standards, an
					 individual independent of the cage, credit, and collection functions performs
					 all of the following at least quarterly:
1. Ascertain compliance with credit limits
				  and other established credit issuance procedures,
2. Randomly reconcile outstanding balances of
				  both active and inactive accounts on the listing to individual credit records
				  and physical instruments,
3.
				  Examine credit records to determine that appropriate collection efforts are
				  being made and payments are being properly recorded, and
4. For a minimum of seven (7) days per each
				  month partial payment receipts are subsequently reconciled to the total
				  payments recorded by the cage for the day and are numerically accounted
				  for.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 05 - Internal Controls › Chapter 06 - Cage/Vault Accountability › Section 35-5-05-06-108

Current through June 25, 2024
Procedures are established to: Maintain a detailed record
					 by patron name and date of all funds on deposit, maintain a current balance of
					 all customer cash deposits which are in the cage/vault inventory or
					 accountability, and reconcile this current balance with the deposits and
					 withdrawals.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 06 - Slot Machines › Chapter 01 - Slot Machines › Section 35-5-06-01-100 - Accountability Requirements for Slot Machines

Current through June 25, 2024
The following sections are the procedures prescribed by the
					 Chairman of the MSTC for adoption by each taxpayer/licensee and which apply to
					 slot machines, requiring that adequate records of the gross revenue of the
					 taxpayer/licensee be kept to ensure the accurate calculation of gross revenue
					 subject to tax and reliable accounting records. These procedures reflect the
					 minimum required to be adopted by a licensee. Any variations must be comparable
					 or must exceed the following criterion. All procedures or changes to those
					 procedures must be provided to the Chairman in written form prior to
					 implementation. As used in this regulation, an employee "work permit number"
					 may be another identifying employee number used by the licensee, as an example,
					 a partial social security number or a unique employee identification number
					 assigned by the licensee.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 06 - Slot Machines › Chapter 01 - Slot Machines › Section 35-5-06-01-101 - Slot Drop and Count Procedures

Current through June 25, 2024
1. At least three
				  persons shall perform the following functions, two (2) of who are independent
				  of the generation of slot revenue. All personnel must wear a one piece
				  pocketless garment with openings only for the arms, feet and neck. Count room
				  personnel are not allowed to exit or enter the count room except for
				  emergencies or scheduled breaks. At no time when uncounted funds are present
				  may there be less than three (3) persons in the count room. Each licensee shall
				  submit a list to the Chairman of the MSTC of the employees authorized to
				  participate in the count including those employees, as an example, the internal
				  audit department employees or computer technicians and equipment maintenance
				  personnel needed for problem resolution, who are authorized to be in the count
				  room during the count (count personnel list). East taxpayer/licensee shall
				  submit a revised list immediately upon any change to the count personnel list.
				  The count personnel list shall indicate those persons, if any, who hold an
				  interest in the license and shall indicate what relationship by blood or
				  marriage, if any, exists between any person in the count personnel list and any
				  other person on such list or any interest holder or employee of the gaming
				  establishment. Each licensee must report to the Chairman of the MSTC and
				  maintain on file the time when the drop buckets and bill acceptor canisters
				  will be removed and the time when the contents are to be counted. All drop
				  buckets or canisters may only be removed at the time previously designated to
				  the Chairman. The licensee must notify the Chairman in advance any change to
				  the designated time in writing. If there is an unscheduled drop, the
				  taxpayer/licensee must immediately notify the Chairman by facsimile in the
				  Jackson office of the event detailing the reason, the date and dollar amount
				  involved. This requirement in no way implies approval for nonscheduled drops,
				  but instead requires the taxpayer/licensee to inform the Chairman if one should
				  occur as result of an unforeseen emergency.
a. The slot drop supervisor must notify
				  surveillance when the drop is to begin in order that surveillance may monitor
				  the activities. Surveillance is to record in a proper log or journal in a
				  legible manner any exceptions or variations to established procedures observed
				  during the drop. Such log or journal shall be made available for review by an
				  agent of the Chairman upon request.
b. For slot machines that possess bill or
				  currency acceptors, the count procedures shall follow the procedures as
				  prescribed for table games.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 06 - Slot Machines › Chapter 01 - Slot Machines › Section 35-5-06-01-102 - Jackpot Payouts/Hopper Fills

Current through June 25, 2024
1. Whenever a
				  patron wins a jackpot that is not totally and automatically paid directly from
				  the slot machine, a cashier shall prepare a jackpot payout slip ("payouts").
				  Whenever a slot supervisor attendant or mechanic requests to fill a payout
				  reserve container ("hopper") of a slot machine, a cashier shall prepare a
				  hopper fill slip ("hopper fills").
2.
a.
				  Payouts and hopper fills shall be serially prenumbered forms. Each series of
				  payouts or hopper fills shall be used in sequential order and the series of all
				  payouts or hopper fills received by a casino shall be accounted for by
				  employees independent of the cashier's cage and the slot department.
b. All original and duplicate void payouts or
				  hopper fills shall be marked "void" and shall require the signature of the
				  preparer and a slot attendant or supervisor.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 06 - Slot Machines › Chapter 01 - Slot Machines › Section 35-5-06-01-103 - Procedures for Jackpot Payouts

Current through June 25, 2024
1. The information
				  which shall be included on every form and in all stored data for payouts is the
				  casino number of the slot machine on which the jackpot was registered, the
				  winning combination of reel characters constituting the jackpot, the date and
				  time during which the jackpot occurred, the amount to be paid from cashier's
				  cage or slot booth funds, the slot booth number if applicable from which the
				  amount is to be paid, and the time of preparation of the jackpot
				  payout.
2. All remuneration paid to
				  a patron as a result of winning a jackpot shall be disbursed by the cashier
				  directly to the patron, or disbursed by the cashier to a slot attendant or
				  supervisor who shall transport the winnings directly to the patron. All
				  jackpots which are $1,200.00 or greater, shall be completely hand paid to the
				  patron.
3. Signatures attesting to
				  the accuracy of the information contained on the original and duplicate of the
				  payout shall be of the cashier who prepared the payout slip and a slot
				  attendant or supervisor who observed the reel characters of the slot machine. A
				  manager shall also attest the payout if the amount of the jackpot is in excess
				  of $5,000.00. All signatures must include the work permit number.
4. The original jackpot payout slip shall be
				  forwarded to the accounting department for agreement with the triplicate or
				  stored data. The duplicate jackpot payout slip shall be maintained by the
				  cashier for recording on the slot win sheet, agreement with the meter reading
				  stored on the slot meter sheet, and agreement with the triplicate or stored
				  data.
5. The Accounting Department
				  shall verify that all jackpots are in compliance with Mississippi Income Tax
				  Regulation 1122.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 06 - Slot Machines › Chapter 01 - Slot Machines › Section 35-5-06-01-104 - Procedure for Filling Payout Reserve Containers of Slot Machines

Current through June 25, 2024
1. The information which shall be included on
				  every hopper fill slip, and in all stored data for hopper fills, is the casino
				  number of the slot machine to which the tokens are to be distributed, the date
				  and shift during which the tokens are distributed, the denomination of tokens
				  to be distributed, the amount of tokens to be distributed, the signature of the
				  preparer, the signature of security or other personnel responsible for
				  delivering the hopper fill, and the time of preparation of the hopper fill. All
				  signatures shall include the work permit numbers.
2. All tokens distributed to a slot machine
				  shall be transported directly to the slot machine along with the original
				  hopper fill slip. The slot supervisor shall observe the deposit of the tokens
				  in the slot machine and the closing and locking of the slot machine by the slot
				  mechanic or slot attendant before obtaining the signature of the slot mechanic
				  or slot attendant on the hopper fill slip. The slot supervisor shall also
				  attest by signature that the amount of the hopper fill was deposited into the
				  machine. All signatures must include the work permit number.
3. A slot mechanic who participates in hopper
				  fill transactions shall inspect the slot machine and determine if the empty
				  hopper resulted from a machine malfunction. When a slot attendant participates
				  in hopper fills, he shall view the machine entry authorization log and alert a
				  slot mechanic to inspect the slot machine if the entries in the log indicate a
				  consistent malfunction problem.
4.
				  The duplicate hopper fill slip shall be maintained by the cashier. The original
				  fill slip shall be forwarded to the accounting department for
				  verification.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 06 - Slot Machines › Chapter 01 - Slot Machines › Section 35-5-06-01-105 - Equipment Control

Current through June 25, 2024
1. The calibration
				  module of the weigh scale is to be sealed at all times by a seal of such a
				  nature to prevent tampering, for example, a metal strip, prenumbered labels,
				  lock and key. A person independent of the slot department is notified and
				  present at any time the seal is broken.
2. The weigh scale shall be tested by someone
				  independent of the slot department and count team at least on a quarterly
				  basis. The results of this test must be fully documented and maintained on file
				  by the licensee.
3. A metered count
				  machine shall be tested prior to the actual count to ascertain if the metering
				  device is working properly by using a predetermined number of coins of each
				  denomination.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 06 - Slot Machines › Chapter 01 - Slot Machines › Section 35-5-06-01-106 - Miscellaneous Slot Requirements

Current through June 25, 2024
1. All slot
				  machines have in-meters. Machine in-meter readings are to be recorded at least
				  weekly. These records must be maintained three years.
2. Slot analysis reports, which compare
				  actual hold to theoretical hold, are prepared on at least a monthly basis.
				  These records must be maintained at least three years and shall provide data on
				  both month-to-date and year-to-date basis. Actual hold is equal to the dollar
				  amount of win divided by the dollar amount of coin-in. Accurate theoretical
				  hold worksheets are maintained for all slot machines.
3. The slot hopper loads and coin in the drop
				  cabinets are to be secured and accounted for during the removal and maintenance
				  of slot machines. Surveillance shall be notified at any time coin is to be
				  removed from the machines.
4.
				  Cashier/change banks are to be counted and reconciled for each shift.
5. Any computer applications that will
				  provide controls that are comparable or exceed the criterion will be acceptable
				  upon review of the Chairman.
6. The
				  machine entry authorization log maintained inside each slot machine in order to
				  record all entries into either the slot machine door, the slot cash door, or
				  the slot coin drop door, shall include employees name, work permit number and
				  reason for entry to the machine. These cards shall be monitored regularly by
				  the slot managers/supervisors.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 07 - Table Games › Chapter 01 - Table Games › Section 35-5-07-01-100 - Accountability Requirements for Table Games

Current through June 25, 2024
The Mississippi Gaming Control Act of 1990 provides
					 authority for the Chairman of the MSTC to promulgate rules and regulations for
					 adoption by each licensee requiring that adequate records of the gross revenue
					 of the licensee be kept to ensure the accurate calculation of gross revenue
					 subject to tax and to ensure reliable accounting records. The following
					 sections of this regulation apply to all table games. These procedures reflect
					 the minimum required to be adopted by a licensee. Any variations must be
					 comparable or must exceed the following criterion. All procedures or changes to
					 those procedures must be provided to the Chairman in written form prior to
					 implementation. As used in this regulation, an employee "work permit number"
					 may be another identifying employee number used by the licensee, as an example,
					 a partial social security number or a unique employee identification number
					 assigned by the licensee.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 07 - Table Games › Chapter 01 - Table Games › Section 35-5-07-01-101 - Drop/Count Procedures

Current through June 25, 2024
1.
a. Each licensee shall report to the Chairman
				  of the MSTC and maintain on file the time(s) when drop boxes will be removed
				  and the time(s) that the contents will be counted. All drop boxes must be
				  removed and counted only at the time(s) previously designated to the Chairman.
				  Removal and counting of drop box contents at other than the designated time is
				  prohibited. If the licensee determines it necessary to change the time(s) of
				  the drop or the count, then the licensee must provide advance notice to the
				  MSTC of a change in times before implementing such change. If there is an
				  unscheduled drop, the taxpayer/licensee must immediately notify the Chairman by
				  facsimile to the Jackson office of the event detailing the reason, the date,
				  and dollar amount involved. This requirement in no way implies approval for
				  nonscheduled drops, but instead requires the taxpayer/licensee to inform the
				  Chairman if one should occur as result of an unforeseen emergency.
b. The drop supervisor must notify
				  surveillance when the drop is to begin in order that surveillance may monitor
				  the activities. Surveillance is to record in a proper log or journal in a
				  legible manner any exceptions or variations to established procedures observed
				  during the drop. Such log or journal shall be available for review by an agent
				  of the Chairman upon request.
c.
				  The Chairman may, at his discretion, have an agent present to observe the drop
				  or count. To gain entrance to the count room or to the surveillance room(s),
				  the State Tax Commission employee shall present an official identification card
				  containing a photograph issued by the commission.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 07 - Table Games › Chapter 01 - Table Games › Section 35-5-07-01-102 - Fill and Credit Slips

Current through June 25, 2024
1. Fill slips and
				  credit slips in all establishments shall be handled as follows:
a. All fill slips and credit slips shall be
				  serially numbered forms and shall be purchased in triplicate in a continuous
				  series utilizing the alphabet, so that no gaming establishment may ever utilize
				  the same number and series. Only one series of each type may be used at a time
				  in any establishment, this series must be inserted in a consecutive order in a
				  locked machine that will permit the original and duplicate to be utilized by
				  the establishment in accordance with the detailed rules for each type of slip
				  set forth, and will only permit the third copy to be retained intact in a
				  continuous unbroken form.
b. The
				  third series, after use, must not be available to personnel in the gaming
				  operations of an establishment, or cashier's cage, who have access to the
				  original and duplicate of the series, and must be retained in a secure place on
				  the premises. All series numbers that are received by the establishment must be
				  accounted for. All void slips shall be marked "VOID" and shall require the
				  signatures and work permit number of the two (2) persons voiding the
				  slip.
c. Information on the fill or
				  credit slip must include the denomination of gaming chips to be distributed to
				  the gaming tables or being returned, the total amount of each denomination of
				  gaming chips, the game and table number to which the gaming chips are to be
				  distributed or returned, and the time and date of the fill or credit.
d. For licensees in which fills or credits
				  are computer prepared, each series shall be a two (2) part form and shall be
				  inserted in a printer that will simultaneously print an original and a
				  duplicate and store, in machine readable form, all information printed on the
				  original and duplicate. The stored data shall not be susceptible to change or
				  removal by any personnel after preparation.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 07 - Table Games › Chapter 01 - Table Games › Section 35-5-07-01-103

Current through June 25, 2024
Procedure for Distributing Gaming Chips to Gaming
					 Tables(Fills)
1. All fill slips
				  requesting chips or money must be prepared at the time a fill is made.
The original slip must be signed by the cashier or his
					 assistant and by security personnel, or employee responsible for delivering the
					 fill to the table, at the time the funds are exchanged. The signature must
					 include the employee's full name in a legible manner including his/her work
					 permit number.
2. The
				  original fill slip and the fill shall then be hand carried from the cashier's
				  cage to the table requesting the fill by security or another employee whose
				  function is to transport fills. The dealer or boxman must count the amount of
				  the fill and sign the form attesting that the table has received the amount of
				  the fill indicated. The pit supervisor or his assistant must also certify that
				  the fill was deposited on the table by signing his full name in a legible
				  manner. All signatures must include the work permit number.
3. The original fill slip shall then be
				  deposited into the drop box on the table by the dealer, where it will appear in
				  the soft count room with the cash receipts for the shift.
4. The duplicate fill slip shall remain in
				  sequence in the series at the cashier's cage, or location where they are kept,
				  to provide a means of reconciliation of fill slips by the gaming establishment.
				  This duplicate cannot be accessible to pit personnel.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 07 - Table Games › Chapter 01 - Table Games › Section 35-5-07-01-104 - Procedure for Removing Gaming Chips from Gaming Tables-(Credits)

Current through June 25, 2024
1. A credit slip shall be prepared to
				  authorize the removal of gaming chips from gaming tables to the cashier's cage.
				  The signatures of the casino supervisor or his assistant, and dealer or boxman
				  assigned to the gaming table from which the gaming chips are to be removed,
				  must be on the original credit slip using the full name in a legible manner
				  along with work permit number. The credit slip must be signed by the security
				  personnel, or employee responsible for delivering the credit to the cage, at
				  the time the funds are exchanged.
2. The original credit slip, along with the
				  gaming chips to be removed from the table, shall be hand carried by security or
				  another person whose function is to transport credits to the cashier's cage.
				  The cashier must count the amount of the credit and certify by signature that
				  the table has returned the amount of the credit indicated. All signatures must
				  include the work permit number.
3.
				  The duplicate credit slip which includes the signatures of the dealer,
				  supervisor and runner, is to be deposited in the drop box by the dealer prior
				  to removing the chips from the table where it will appear in the counting room
				  with the cash receipts.
4. The
				  original credit slip shall remain in sequence at the cashier's cage or location
				  where they are kept to provide a means of reconciliation of credit slips for
				  the gaming establishment.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 07 - Table Games › Chapter 01 - Table Games › Section 35-5-07-01-105 - Procedure for Closing Gaming Tables

Current through June 25, 2024
1. At the end of
				  each day, or after each shift if the drop boxes are collected by shift, or
				  whenever gaming activity at a table is concluded, the gaming chips remaining at
				  the gaming table shall be counted by the dealer or boxman assigned to the
				  gaming table and observed by a casino supervisor, or his assistant, assigned to
				  the gaming table.
2. The gaming
				  chips counted shall be recorded on a table inventory slip by the casino
				  supervisor or his assistant assigned to the gaming table.
3. The table inventory slip shall be a
				  three-part form and on the original copy of the slip ("closer") and the
				  duplicate of the slip ("opener"), the casino supervisor shall record the date
				  and identification of the shift ended, the game and table number, the total
				  value of each denomination of gaming chips remaining at the gaming table, and
				  the total value of all denominations of gaming chips remaining at the gaming
				  table.
4. Signatures attesting to
				  the accuracy of the information recorded on the table inventory slips at the
				  time of the shift's end shall be the outgoing supervisor and the incoming
				  supervisor or his assistant assigned to the gaming table who count the contents
				  of the table inventory. All signatures shall include the work permit
				  numbers.
5. The original closer
				  shall be deposited by the dealer in the drop box attached to the gaming table
				  immediately prior to the closing of the table, the first copy shall be
				  deposited in the oncoming drop box, and the second copy opener shall be
				  forwarded to the accounting department for later verification. The gaming chips
				  remaining at the table shall be placed in a container which shall then be
				  locked if the table is closed.
6.
				  The accounting department shall be responsible for daily verification of the
				  opener with the closer of the preceding day. Any discrepancy must be
				  immediately reported to the licensee who shall investigate and take any
				  appropriate action.
Mississippi Administrative Code › Title 35 - Department of Revenue › Part 5 - Gaming › Subpart 07 - Table Games › Chapter 02 - Accountability Requirements for Card Games › Section 35-5-07-02-100

Current through June 25, 2024
This regulation prescribes the minimum standards,
					 requiring that adequate records of the gross revenue of the licensee be kept to
					 ensure the accurate calculation of gross revenue subject to tax and the
					 reliability of the accounting records for adoption by each taxpayer/licensee
					 and which apply to card games such as poker, bridge, whist, solo, and
					 panguingui.
1. The procedures for the
				  collection of card game drop boxes and the count of the contents thereof will
				  comply with all procedures applicable to the table game drop boxes. The card
				  games drop boxes shall be removed at the time designated to the Chairman of the
				  MSTC and the contents therein counted at the time designated. Removal of the
				  boxes at any other time is prohibited. All procedures or changes to these
				  procedures shall be provided to the Chairman in written form prior to
				  implementation.
2. A person
				  functioning as a supervisor of equal or higher authority than those being
				  supervised shall be present at all times the card room is operating.
3.
a. Card
				  table banks shall be used only for the purposes of making change or handling
				  player buy-ins. It is to be physically located in the table tray (a receptacle
				  used to hold the card table bank) on the card table.
b. The card room bank is to be used only for
				  the purposes of issuance and receipt of shill funds, the maintenance of card
				  table banks used in card games, and the purchase and redemption of chips by
				  players.
c. All advances to and
				  winnings of a shill shall be utilized only for wagering in card games or turned
				  into the card room bank at the conclusion of play.