reglab/statecodes huggingface dataset:
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 4 - Chip Inventories › Section 4-3 - Storage of chips

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 3.
The riverboat licensee or riverboat applicant shall
				  establish procedures for the transfer or storage of chips. The procedures shall
				  include, at a minimum, the following:
(1) Location and access of sensitive keys in
				accordance with
				68 IAC 11-7.
(2) At least two (2) occupational licensees
				must be present for the transfer of the reserve or secondary chips.
(3) Identification of occupational licensees
				authorized to transfer reserve and secondary chips.
(4) A process where at least two (2)
				occupational licensees, Level 2 or higher, from separate departments shall open
				and check the chips transferred. This entry in the procedures shall include
				identification of the occupational licensees, by title, involved in this
				process.
(5) Inventories of chips
				in reserve and secondary set of chips shall be made on a monthly basis, and the
				results of the inventories shall be recorded in the chip inventory ledger.
				Physical inventories may be performed annually if the inventory procedures
				incorporate the sealing of locked compartments. The procedures for the
				performance of chip inventories, the procedures for sealing and accessing
				locked compartments, and the security measures to be taken with respect to
				these locked compartments shall be submitted to the commission for approval at
				least sixty (60) days prior to their implementation.
(6) During nongaming hours chips shall be
				stored and locked in the casino cages, main bank vault, or locked table trays
				at the live gaming devices.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-1 - General provisions

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC
				  4-33-2-6; IC 4-35
Sec. 1.
(a) This rule
				applies to casino licensees.
(b)
				The following definitions apply throughout this rule:
(1) "Department" has the meaning set forth in
				IC 4-33-2-6.
(2) "Form RG-1" means the Daily Adjusted
				Gross Receipts and Tax Remittance form.
(3) "Form RG-2" means the Monthly Statistical
				Information and Monthly Tax form.
(4) "Form RG-3" means the Balance Sheet
				form.
(5) "Form RG-4" means the
				Income Statement form.
(6) "Form
				RG-5" means the Statements of Changes in Stockholders' Equity form.
(7) "Form RG-6" means the Statements of
				Changes in Partners' or Proprietor's Equity form.
(8) "Form RG-7" means Statements of Cash
				Flows form.
(9) "Form RG-8" means
				the Schedule of Receivables and Patrons' Checks form.
(10) "Form RG-9" means the Employment and
				Payroll Report form.
(11) "Gaming
				day" means a twenty-four (24) hour period commencing at 6 a.m. one (1) day and
				concluding at 5:59 a.m. the following day.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-1.5 - Transfer of ownership

Current through July 10, 2024
Authority: IC
				  4-33-4-1; IC
				  4-33-4-2; IC
				  4-33-4-3; IC
				  4-33-4-21; IC
				  4-33-13-1.5
Affected: IC
				  4-1-1-1; IC 4-33
Sec. 1.5.
When a controlling interest, as determined by the
				  commission, in an existing owner's license or operating agent contract is
				  purchased or otherwise acquired from a licensed owner or operating agent, the
				  subsequent licensed owner or operating agent must pay a wagering tax in
				  accordance with IC
				  4-33-13-1.5 at a graduated tax rate
				  to be calculated based upon the cumulative adjusted gross receipts received by
				  both the:
(1) previous licensed owner
				or operating agent; and
(2)
				subsequent licensed owner or operating agent;
during the entire fiscal year, as defined in IC
				  4-1-1-1, in which the transaction
				  occurred.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-2 - Calculation of taxes

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33-13-1.5; IC 4-35-8-1
Sec. 2.
(a) The
				casino licensee shall calculate the amount of wagering taxes to be paid by
				completing Form RG-1 in accordance with the applicable rules of the department,
				this rule, and the instructions that accompany Form RG-1. Only the:
(1) general manager;
(2) assistant general manager;
(3) finance officer; or
(4) others as approved by the commission; may
				sign as an officer on the RG-1.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-3 - Receipts from table games

Current through July 10, 2024
Authority: IC 4-33-4-1; IC 4-33-4-2; IC 4-33-4-3
Affected: IC 4-33
Sec. 3.
(a) The
				riverboat licensee shall compute the total receipts from table games by adding
				the table win as defined in
				68 IAC 1-1-93 and the daily chip
				float adjustment.
(b) The daily
				chip float shall be computed in the following manner:
(1) Begin with the dollar value of chips on
				hand per the chip inventory ledger.
(2) Subtract the dollar value of the ending
				inventory of chips held by the riverboat licensee. The ending inventory shall
				include the dollar values of the following:
(A) Chips in the vault.
(B) Chips in the cage drawer.
(C) Chips in the change lockers.
(D) Chips on the live gaming device
				tables.
(3) The daily
				chip float must be calculated and recorded separately for each denomination of
				chips.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-4 - Receipts from electronic gaming devices

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 4.
The casino licensee shall compute the total receipts from
				  electronic gaming devices in the following manner:
(1) Add the following applicable figures for
				electronic gaming device bill validator drop boxes:
(A) For electronic gaming device bill
				validator drop boxes that were not part of the currency collection process
				under 68 IAC 11-3 for that gaming day,
				add the dollar value of the drop per the central computer system.
(B) For electronic gaming device bill
				validator drop boxes that were part of the currency collection process under
				68 IAC 11-3 for that gaming day,
				add the dollar value of the contents of the bill validator drop boxes per the
				soft count.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-5 - Tournament receipts

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 5.
The casino licensee shall compute the net tournament
				  receipts to be used in arriving at the daily adjusted gross receipts in the
				  following manner:
(1) Add the total
				receipts from tournaments.
(2)
				Deduct tournament payouts, including prizes at their historical cost basis.
The casino licensee may not take a deduction for net
				  tournament receipts if the computation results in a negative
				  number.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-6 - Debit card receipts

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 6.
The casino licensee shall compute the net debit card
				  receipts to be used in arriving at the daily adjusted gross receipts by
				  deducting the total of cash returned on debit cards from total receipts from
				  issuance of debit cards.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-7 - Tax corrections or adjustments

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 7.
If the casino licensee makes an adjustment or correction in
				  a calculation that it has previously reported on Form RG-1, the casino licensee
				  shall incorporate the adjustment into the next Form RG-1 that it files with the
				  department and the commission. The adjustment shall include any collection of
				  uncollectible gaming receivables that were previously computed as uncollectible
				  gaming receivables in completing a Form RG-1. The casino licensee shall fully
				  and completely explain the reason necessitating an adjustment or correction on
				  Schedule E of Form RG-1.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-8 - Uncollectible gaming receivables

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 8.
The casino licensee shall be allowed a deduction against a
				  total win for uncollectible gaming receivables. The deduction shall be the
				  least of the following:
(1) Actual
				uncollectible gaming receivables.
(2) Two percent (2%) of the receipts from
				gaming operations for the gaming day, which includes the total of all sums
				received from patrons, whether collected or not, less the amount paid out by
				the casino licensee as winnings to patrons.
(3) A reasonable provision for uncollected
				patron checks received from gaming operations that is based on actual
				uncollectible gaming receivables for the prior month prorated per
				day.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 5 - Wagering Tax › Section 5-9 - Monthly forms

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 9.
(a) The
				casino licensee shall prepare and submit the following forms to the commission
				office in Indianapolis, Indiana not later than fifteen (15) days after the end
				of a calendar month:
(1) Form RG-3.
(2) Form RG-4.
(3) Form RG-5.
(4) Form RG-6.
(5) Form RG-7.
(6) Form RG-8.
(7) Form RG-9.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 6 - Admission Tax › Section 6-1 - General provisions

Current through July 10, 2024
Authority: IC
				  4-33-4
Affected: IC 4-33
Sec. 1.
(a) This rule
				applies to riverboat licensees.
(b)
				The admission procedures used by a riverboat licensee must be in compliance
				with this rule, and admission taxes must be reported in accordance with this
				rule.
(c) The following definitions
				apply throughout this rule:
(1) "Passenger"
				includes patrons and persons entitled to receive a tax-free pass.
(2) "Patron" means an individual who:
(A) boards the riverboat to participate in a
				gambling excursion; and
(B) is not
				entitled to receive a tax-free pass.
(3) "RG-1" means the Daily Adjusted Gross
				Receipts and Tax Remittance Form.
(4) "Tax-free pass" means a pass that is
				issued to persons listed in IC
				4-33-12-3
[IC
				4-33-12-3 was repealed by
				P.L.
				268-2017,
				SECTION
				27, effective July 1, 2017.]
that
				allows the individual to board the riverboat without paying an admission
				charge. The riverboat licensee does not have to remit the admission tax for
				persons who receive a tax-free pass. Persons on board the riverboat with a
				tax-free pass shall not participate in a gambling game.
(5) "Vendor" means a person who is on the
				riverboat to supply the riverboat licensee with a good or service necessary for
				the conduct of the riverboat gambling operation.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 6 - Admission Tax › Section 6-2 - Admissions

Current through July 10, 2024
Authority: IC 4-33-4
Affected: IC 4-33-6-6
Sec. 2.
(a)
				Admissions to the riverboat shall be conducted in the following manner:
(1) Should a riverboat licensee or operating
				agent choose not to observe flexible scheduling, the requirements are as
				follows:
(A) The embarkation period for each
				gaming excursion may not exceed a period of thirty (30) minutes.
(B) The disembarkation period for each gaming
				excursion may not exceed a period of thirty (30) minutes. During the
				disembarkation period, no new patrons shall be allowed to board the
				riverboat.
(C) The riverboat
				licensee or operating agent may allow patrons to disembark during the
				embarkation period for the next gaming excursion or at any time that the
				riverboat remains at the dock and gambling continues in accordance with IC
				4-33-9-2
[IC 4-33-9-2 was repealed by
				P.L.
				268-2017,
				SECTION
				24, effective July 1, 2017.]
. The
				riverboat licensee or operating agent is responsible for ensuring it is in
				compliance with subdivision (10) at all times. The admissions tax shall be paid
				by the patron, the riverboat licensee, or the operating agent for any patron
				who disembarks:
(i) during the embarkation
				period for the next gaming excursion; or
(ii) at any time during a gaming excursion
				after the conclusion of the thirty (30) minute disembarkation
				period.
(D)  The
				admissions tax shall be paid by the carryover patron, the riverboat licensee,
				or the operating agent for each excursion that a patron remains on
				board.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 6 - Admission Tax › Section 6-4 - Vendor log and visitor log

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 4.
(a) The
				casino licensee's security department shall maintain a vendor and visitor log
				on forms prescribed or approved by the commission.
(b) Vendors and visitors must report to
				security to complete the vendor and visitor log and to obtain a badge. When the
				vendor or visitor leaves the casino, the vendor or visitor must complete the
				appropriate portion of the log.
(c)
				Vendors and visitors in the casino may not participate in a gambling
				game.
(d) Vendors and visitors in
				the casino must wear, in a conspicuous location, a badge issued by the security
				department.
(e) The vendor and
				visitor log shall contain the following information:
(1) The name of the vendor or
				visitor.
(2) The company or
				organization the vendor or visitor represents.
(3) The date and time the vendor or visitor
				entered the casino.
(4) The purpose
				that necessitates the vendor or visitor entering the casino.
(5) The date and time that the vendor or
				visitor exits the casino. The casino licensee is responsible for instituting a
				policy that ensures that vendor and visitor badges are returned to the security
				department and accounted for when the vendor or visitor exits the
				casino.
(6) If the person is a
				visitor, the individual who authorized the visitor's presence in the
				casino.
(7) Any other information
				deemed necessary by the executive director or the commission to ensure
				compliance with IC 4-33, IC 4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 6 - Admission Tax › Section 6-5 - Computation of tax

Current through July 10, 2024
Authority: IC
				  4-33-4
Affected: IC 4-33
Sec. 5.
(a) The
				riverboat licensee or operating agent shall complete an RG-1 for each gaming
				day and indicate the total number of admissions for each day. Only the:
(1) general manager;
(2) assistant general manager;
(3) finance officer; or
(4) others as approved by the commission; may
				sign as an officer on the RG-1.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 7 - Audit Procedures › Section 7-1 - Applicability; general provisions

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 1.
(a) This rule
				applies to casino licensees.
(b)
				The casino licensee must submit policies and procedures in connection with the
				daily review, reconciliation, and posting of transactions in accordance with
				68 IAC 15-1 and this
				rule.
(c) Occupational licensees
				who hold revenue audit positions are responsible for the daily review,
				reconciliation, and posting of transactions for their respective departmental
				audits.
(d) As used in this rule,
				"Form RG-1" means the Daily Adjusted Gross Receipts and Tax Remittance
				Form.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 7 - Audit Procedures › Section 7-2 - Table games

Current through July 10, 2024
Authority: IC
				  4-33-4-1; IC
				  4-33-4-2; IC
				  4-33-4-3
Affected: IC 4-33
Sec. 2.
(a) The
				riverboat licensee shall require the revenue auditor or its equivalent to
				perform certain procedures on a daily basis. These procedures should be
				performed on a sample basis for both computerized and manual forms and shall
				include, at a minimum, the following:
(1)
				Trace table game fills and credit slips originals to duplicate copies and to
				orders for fills and credits to verify agreement.
(2) Review the table game fills and credits
				slips for the proper number of authorized signatures, date-time stamps, and
				accurate arithmetic.
(3) Verify and
				account for the numerical sequence of the table games fills and credits
				slips.
(4) Review all voided table
				game fills and credits for appropriate handling and required number of
				authorized signatures. Assure that all appropriate forms are
				attached.
(5) Verify that credits
				and fills are properly recorded for the computation of win.
(6) Trace opening drop cards to the previous
				shift's closing inventory slip to verify agreement and test for completeness
				and propriety.
(7) Trace fills and
				credits, opening and closing table chip inventories, and marker transactions to
				the marker gaming reports.
(8)
				Trace the detail from the master gaming report into the accounting entries
				recording the transactions and to the total cash summary.
(9) Any other procedures deemed necessary by
				the executive director or the commission to ensure compliance with the Act and
				this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 7 - Audit Procedures › Section 7-3 - Electronic gaming devices

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 3.
(a) The
				casino licensee shall require, on a daily basis, the revenue auditor or its
				equivalent to perform certain procedures on the calculation of the electronic
				gaming device win. These procedures shall include, at a minimum, the following:
(1) Tracing the total of the "bills-in" meter
				readings as recorded by the bill acceptor flash report or equivalent to the
				actual count performed by the soft count team to verify agreement.
(2) Generating the following reports and
				reconcile them with all validated/redeemed TITOs:
(A) Ticket issuance report.
(B) Ticket redemption report.
(C) Ticket liability report.
(D) Ticket drop report.
(E) Transaction detail report.
(F) Cashier report.
(3) Reviewing all voided electronic gaming
				device jackpots for accuracy and proper handling. Verify proper number of
				authorized signatures.
(4) Tracing
				the electronic gaming device count documentation into the cage checkout sheet
				and subsequent posting to the general ledger.
(5) Verifying that all manual electronic
				gaming device jackpots are entered into the central computer system.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 8 - Internal Audit Procedures › Section 8-1 - Applicability; general provisions

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 1.
(a) This rule
				applies to casino licensees.
(b)
				The casino licensee must establish policies and procedures in connection with
				the internal audit function of its casino operations, including, but not
				limited to, the following:
(1) The casino
				licensee or its parent company must establish an independent audit committee of
				its board of directors, or equivalent board.
(2) The internal audit department or its
				equivalent shall report directly to the independent audit committee of the
				board of directors, or equivalent board. If the parent company of the casino
				licensee establishes the independent audit committee, the internal audit
				department or its equivalent may report to the person at the parent company who
				is responsible for internal audit, who in turn shall report directly to the
				independent audit committee.
(3)
				The internal audit department must consist of at least two (2) full-time
				on-site internal auditors.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 8 - Internal Audit Procedures › Section 8-2 - Observation of live table games

Current through July 10, 2024
Authority: IC
				  4-33-4-1; IC
				  4-33-4-2; IC
				  4-33-4-3
Affected: IC 4-33
Sec. 2.
The riverboat licensee shall establish procedures to
				  observe, unannounced, the compliance with the system of internal controls that
				  have been submitted in accordance with 68 IAC 11 and 68 IAC 15 for live gaming
				  devices. The procedures shall be performed quarterly and shall include, at a
				  minimum, the following:
(1) Observe
				and review the opening, closing, and shift procedures.
(2) Observe and review the live gaming device
				fill and credit procedures.
(3)
				Observe and review the live gaming device pit marker procedures.
(4) Observe and review the live gaming device
				drop box and tip box removal procedures.
(5) Observe and review the soft count
				procedures, including the count of the live gaming device drop boxes and
				currency acceptor cash storage boxes, and the subsequent transfer of the
				funds.
(6) Observe and review the
				location and control over sensitive keys.
(7) Observe and review card and dice control
				procedures, including the card and dice removal and cancellation
				logs.
(8) Any other procedures
				deemed necessary by the executive director or the commission to ensure
				compliance with the Act and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 8 - Internal Audit Procedures › Section 8-3 - Examination of live gaming device documents

Current through July 10, 2024
Authority: IC
				  4-33-4-1; IC
				  4-33-4-2; IC
				  4-33-4-3
Affected: IC 4-33
Sec. 3.
The riverboat licensee shall establish procedures for the
				  internal audit department or its equivalent to review, on a sample basis, the
				  compliance with the internal control system for live gaming devices that have
				  been submitted in accordance with 68 IAC 11 and 68 IAC 15. The procedures shall
				  be performed quarterly and shall include, at a minimum, the following:
(1) Trace live gaming device fills and
				credits slip originals to duplicate copies and to orders for fills and credits
				to verify agreement.
(2) Review the
				live gaming device fills and credits slips for the proper number of signatures,
				proper level of authorization, date-time stamps, and accurate
				arithmetic.
(3) Verify and account
				for the numerical sequence of the live gaming device fills and credits
				slips.
(4) Review all voided live
				gaming device fills and credits for appropriate handling and required number of
				authorized signatures. Assure that all appropriate forms are
				attached.
(5) Verify that credits
				and fills are properly recorded for the computation of win.
(6) Trace opening drop cards to the previous
				shift's closing inventory slip to verify agreement and test for completeness
				and propriety.
(7) Trace fills and
				credits, opening and closing table chip inventories, and marker transactions to
				the master gaming reports.
(8)
				Trace the detail from the master gaming report into the accounting entries
				recording the transactions and to the total cash summary.
(9) Test online fill, credit and soft count
				system for compliance. Test the central computer system for the proper
				recording of the transactions.
(10)
				Any other procedures deemed necessary by the executive director or the
				commission to ensure compliance with the Act and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 8 - Internal Audit Procedures › Section 8-4 - Observation and testing of electronic gaming devices

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 4.
The casino licensee shall establish procedures to observe,
				  unannounced, the compliance with the system of internal controls for the
				  electronic gaming devices that have been submitted in accordance with 68 IAC 11
				  and this article. The procedures shall be performed quarterly and shall
				  include, at a minimum, the following:
(1) Observe and review the following:
(A) Jackpot payout procedures.
(B) The electronic gaming device drop
				procedures.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 8 - Internal Audit Procedures › Section 8-5 - Observation and testing of casino cashiering and credit

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 5.
(a) The
				casino licensee shall establish procedures for the observation and testing of
				the compliance with the system of internal controls for casino cashiering and
				credit.
(b) The internal auditor or
				equivalent shall observe and review, on a quarterly basis, the following
				procedures, at a minimum:
(1) The countdown
				procedures.
(2) The casino cage
				accountability to the general ledger.
(3) The casino cage accountability to the
				main bank, vault, and change banks.
(4) Check cashing procedures and issuance of
				credit procedures.
(5) Shift and
				day procedures.
(6) Any other
				procedures deemed necessary by the executive director or the commission to
				ensure compliance with IC 4-33, IC 4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 8 - Internal Audit Procedures › Section 8-6 - Currency transaction reporting

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 6.
The casino licensee shall establish procedures for the
				  internal auditor or equivalent to review, on a sample basis, the compliance
				  with the internal control system for currency transaction reporting. The
				  observation and review shall be performed on a quarterly basis and shall
				  include, at a minimum, the following:
(1) The pit, currency, cage, and electronic
				gaming device transaction procedures.
(2) Transactions report and corresponding
				supporting documents.
(3) The
				documentation and control over source documents.
(4) Any other procedures deemed necessary by
				the executive director or the commission to ensure compliance with IC 4-33, IC
				4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 8 - Internal Audit Procedures › Section 8-7 - Adjusted gross receipts and admissions

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 7.
(a) The
				casino licensee shall establish procedures for the internal auditors or
				equivalent to review, on a sample basis, the computation of the daily adjusted
				gross receipts and admission tax remittance forms, if applicable, in accordance
				with 68 IAC 15-5. These procedures
				shall be performed on a quarterly basis.
(b) If applicable, the internal auditor or
				equivalent shall observe and review procedures for the reading and recording of
				the passenger count included in the admission tax calculation in accordance
				with 68 IAC 15-6. These procedures
				shall be performed on a quarterly basis.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 9 - Tips and Gratuities; Chips Redeemed by Nongaming Occupational Licensees › Section 9-1 - Applicability; general provisions

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 1.
(a) This rule
				applies to casino licensees.
(b)
				The following definitions apply throughout this rule:
(1) "Gaming occupational licensee" means an
				occupational licensee that is:
(A) actively
				involved in dealing a game; or
(B)
				assisting with the direct operation of a gambling game.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 9 - Tips and Gratuities; Chips Redeemed by Nongaming Occupational Licensees › Section 9-2 - Key control over tip boxes

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 2.
The casino licensee shall submit procedures relating to the
				  controls over access to the key for removing tips and gratuities in accordance
				  with 68 IAC 11-7. These procedures
				  shall include, at a minimum, the following:
(1) A list of authorized occupational
				licensees who have access to the key.
(2) A key control log that shall be completed
				prior to a person checking out the key. The key control log shall contain, at a
				minimum, the following information:
(A) The
				date and time the key is checked out.
(B) The signature of the members of the tip
				count team who receive the key.
(C)
				The reason for accessing the key.
(D) The time the key is returned.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 9 - Tips and Gratuities; Chips Redeemed by Nongaming Occupational Licensees › Section 9-3 - Removal, collection, and counting of tip boxes

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 3.
(a) The
				casino licensee or operating agent must establish policies and procedures in
				connection with the removal, collection, and counting of the tip box contents
				for subsequent distribution to gaming occupational licensees. These policies
				and procedures must include, at a minimum, the following:
(1) Tip boxes must be dropped and counted at
				the end of each day. Surveillance must be notified before the emptying of any
				tip boxes.
(2) The tip count team
				must perform the drop and count once per day in the presence of a security
				officer.
(3) The results of the tip
				count must be:
(A) documented on at least a
				two-part tip and gratuity form; and
(B) signed by the tip count team before
				transportation to the casino cage.
(4) The tip count team must transport tips
				and the original and duplicate copy of the tip and gratuity form to a casino
				cage. The casino cashier, in the presence of the tip count team, must do the
				following:
(A) Verify the drop.
(B) Sign the original and duplicate of the
				tip and gratuity form.
(C) Maintain
				the duplicate for accountability.
(D) Return the original to the tip count
				team.
(5) The cage must
				forward the duplicate copy to accounting.
(6) Tips must be deposited into a bank for
				pro rata distribution among the employees.
(7) Distribution of tips and gratuities must
				be:
(A) made following the casino licensee's
				or operating agent's payroll accounting practices; and
(B) subject to all applicable state and
				federal withholding taxes.
(8) Any other policies and procedures deemed necessary by the
				executive director or the commission to ensure compliance with the Act and this
				title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 9 - Tips and Gratuities; Chips Redeemed by Nongaming Occupational Licensees › Section 9-4 - Chips redeemed by nongaming employees

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 4.
(a) The
				casino licensee shall establish and submit policies and procedures for the
				redemption of chips and TITOs received by nongaming employees as tips and
				gratuities or as payment for food and beverages. The casino licensee shall
				allow the redemption of chips and TITOs by nongaming employees at any cage
				location in the casino or any cage location in the pavilion.
(b) A nongaming employee redemption log will
				be maintained at each cage location to document the redemption of all chips and
				TITOs by nongaming employees. This log shall include, at a minimum, the
				following entries:
(1) The nongaming employee
				name.
(2) The occupational licensee
				number for a nongaming employee who is an occupational licensee.
(3) The title of the nongaming
				employee.
(4) The date and
				time.
(5) The dollar amount of
				chips redeemed.
(6) The dollar
				amount of TITOs redeemed.
(7) The
				total dollar amount of chips and TITOs redeemed.
(8) Any other information deemed necessary by
				the executive director or the commission to ensure compliance with IC 4-33, IC
				4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-1 - Applicability; general provisions

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 1.
(a) This rule
				applies to casino licensees.
(b) A
				casino licensee shall submit policies and procedures that shall describe the
				location, functions, and controls for the casino cashiering areas. These
				policies and procedures shall be submitted to and approved by the executive
				director in accordance with
				68 IAC 15-1.
(c) The casino licensee shall submit:
(1) the locations of bank areas that will
				operate on an imprest basis; and
(2) the imprest amount for each bank area.
The casino licensee shall submit the locations and the
				  imprest amount to the executive director in accordance with
				  68 IAC
				  15-1.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-2 - Transactions

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 2.
(a) The
				casino licensee shall establish policies and procedures to ensure that all
				transactions that flow through the casino cage are accounted for. These
				policies and procedures shall include, but are not limited to, the following:
(1) All transactions shall be recorded on a
				main bank or vault accountability form or its equivalent on a per shift
				basis.
(2) All increases or
				decreases to the main bank or vault shall be supported by the appropriate
				documentation.
(3) At the end of a
				shift, the cashiers assigned to the outgoing shift shall:
(A) record on a main bank or vault
				accountability form, or its equivalent, the face value of each cage inventory
				item counted and the total of the opening and closing cage inventories;
				and
(B) reconcile the total closing
				inventory with the total opening inventory.
(4) At the conclusion of gaming activity each
				day, copies of the main bank or vault accountability forms and all supporting
				documentation shall be forwarded to the accounting department.
(5) Signature requirements shall be
				established for outgoing and incoming cashiers.
(6) Any other policies and procedures deemed
				necessary by the executive director or the commission to ensure compliance with
				IC 4-33, IC 4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-3 - Opening of cage

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 3.
The casino licensee shall establish policies and procedures
				  for the opening of cages. These policies and procedures shall include, but not
				  be limited to, the following:
(1)
				Designation of the individual responsible for checking out the cage
				key.
(2) Requirement for signing
				the key control log in accordance with
				68 IAC 11-7.
(3) Requirement for the oncoming cashier to
				count the station and agree to the duplicate copy of the cashier drawer check
				in and out form or the equivalent. If variances are found, the casino cage
				supervisor shall be notified and the variance investigated.
(4) Any other policies and procedures deemed
				necessary by the executive director or the commission to ensure compliance with
				IC 4-33, IC 4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-4 - Closing of cages

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 4.
The casino licensee shall establish policies and procedures
				  for the closing of cages. These policies and procedures shall include, but are
				  not limited to, the following:
(1)
				Requirement that all cages, other than the main bank or vault, or both, sell
				the cash equivalents (checks, markers, or other negotiable instruments) to the
				main bank or vault for cash.
(2)
				The off-going cashier counts the station and records the count on a cage
				accountability form and signs the form.
(3) The cage accountability form, along with
				any overage, is transferred to the main bank or vault and any shortage is paid
				by the main bank or vault to bring the cage cash to an imprest
				balance.
(4) Any other policies and
				procedures deemed necessary by the executive director or the commission to
				ensure compliance with IC 4-33, IC 4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-4.1 - Cage variances

Current through July 10, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 4.1.
(a) Cage
				inventories must be accurately reported at the conclusion of a shift on the
				inventory form used by the casino licensee. Overages and shortages must be
				recorded at the conclusion of the shift during which the variance was
				discovered.
(b) Cage variances of
				five hundred dollars ($500) or two percent (2%), whichever is less, must be
				reported on a form approved by the commission to the following within one (1)
				business day after the discovery of the variance:
(1) The security department.
(2) The surveillance department.
(3) An enforcement agent.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-5 - Even exchanges

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 5.
The casino licensee shall establish policies and procedures
				  for the even exchange of funds between two (2) casino cashiering areas or
				  between a casino cashiering area and change banks, which shall include the
				  following:
(1) A designation of the
				occupational licensee who may process the even exchange transaction.
(2) A description of the even exchange form
				and the required information and signatures. The form shall be at least a
				two
(2) part form.
(3) A description of the distribution of each
				part of the form.
(4) Types of
				items allowed to be exchanged.
(5)
				Requirement that security personnel must accompany the transfer of the funds
				between locations.
(6) Any other
				policy or procedure deemed necessary by the executive director or commission to
				ensure compliance with IC 4-33, IC 4-35, and this title.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-6 - Change banks

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 6.
The casino licensee shall establish policies and procedures
				  for the control of change banks by the main bank or vault. These banks shall be
				  on an imprest basis.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-8 - Overages and shortages of cages

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 8.
The casino licensee shall establish policies and procedures
				  concerning overages and shortages in closing out the cages. These policies and
				  procedures shall include the requirements for documentation and investigation
				  of overages and shortages.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 10 - Main Bank Responsibilities › Section 10-9 - Cash deposits

Current through July 10, 2024
Authority: IC
				  4-33-4; IC
				  4-35-4
Affected: IC 4-33; IC 4-35
Sec. 9.
The casino licensee shall establish policies and procedures
				  for the preparation and deposit of funds to the bank.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 12 - Live Gaming Device Fills and Credits › Section 12-1 - General provisions

Current through July 10, 2024
Authority: IC
				  4-33-4-1; IC
				  4-33-4-2; IC
				  4-33-4-3
Affected: IC 4-33
Sec. 1.
(a) This rule
				applies to riverboat licensees.
(b)
				Live gaming device fills shall be conducted in compliance with this
				rule.
(c) Live gaming device fills
				may be generated manually or by computer.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 12 - Live Gaming Device Fills and Credits › Section 12-2 - Policies and procedures

Current through July 10, 2024
Authority: IC 4-33-4-1; IC 4-33-4-2; IC 4-33-4-3
Affected: IC 4-33
Sec. 2.
(a) In
				accordance with
				68 IAC 15-1-3, the riverboat
				licensee or riverboat license applicant shall submit policies and procedures
				covering live gaming device fills and credits.
(b) The policies and procedures for live
				gaming device fills and credits shall include, but are not limited to, the
				following areas:
(1) The title of the
				occupational licensee that may generate a live gaming device fill or credit, or
				both.
(2) The multiple-part form or
				forms that will be utilized to document a live gaming device fill or
				credit.
(3) The manner in which
				manual live gaming device fills and credits will be processed if it differs
				from the way that computer-generated live gaming device fills and credits will
				be processed.
(4) The manner in
				which the chips will be transported to or from the live gaming device for
				purposes of a live gaming device fill or credit.
(5) The manner in which the copies of the
				live gaming device fill or credit slip will be reconciled.
(6) The level of occupational licensee who
				may verify the chips that are received at a live gaming device.
(7) The titles of the occupational licensee
				who will be responsible for transporting live gaming device credit slips from
				the casino cage to the appropriate pit area.
(8) The manner in which the riverboat
				licensee will handle live gaming device fill or credit slips that do not match
				the denomination and amount of chips that are received in the pit area or the
				casino cage.
(9) The department
				that shall be responsible for notifying surveillance that a live gaming device
				fill is being processed.
Indiana Administrative Code › Title 68 - INDIANA GAMING COMMISSION › Article 15 - ACCOUNTING RECORDS AND PROCEDURES › Rule 12 - Live Gaming Device Fills and Credits › Section 12-3 - Live gaming device fill procedures

Current through July 10, 2024
Authority: IC
				  4-33-4
Affected: IC 4-33
Sec. 3.
(a) Live
				gaming device fills shall proceed in the following manner:
(1) The appropriate occupational licensee
				shall initiate a live gaming device fill by completing an input form. The input
				form is either carried to the casino cage or the information is electronically
				transmitted to the casino cage.
(2)
				The appropriate occupational licensee uses the input form to prepare and print
				a live gaming device fill slip.
(3)
				Surveillance shall be notified that a live gaming device fill is being
				processed.
(4) Based on the
				information contained on the fill slip, the casino cashier shall prepare the
				proper denomination and amount of chips and sign the fill slip. The casino
				cashier shall sign the fill slip, summon a security officer, and present the
				chips and the fill slip to the security officer.
(5) The security officer shall verify that
				the denomination and amount of chips match the amount on the fill slip. The
				security officer shall sign the fill slip after verifying the chips match the
				fill slips. The security officer who begins the live gaming device fill must
				complete the process of witnessing, escorting, and signing the appropriate
				documentation to verify that the live gaming device fill was completed. If
				there is a discrepancy with the live gaming device fill, the same security
				officer who began the live gaming device fill must accompany the fill back to
				the cage to resolve the discrepancy.
(6) The casino cashier shall retain one (1)
				copy of the fill slip in the casino cage.
(7) The security officer shall transport the
				chips to the appropriate pit area.
(8) The appropriate level of occupational
				licensee shall count the chips that are received as a live gaming device fill
				to ensure the denomination and amounts received match the amount and
				denomination reflected on the fill slip.
(9) If the amounts in subdivision (4) agree,
				the occupational licensee who counted the fill shall sign the fill slip. The
				pit supervisor or the equivalent shall also sign the fill slip. A copy of the
				fill slip or the original shall be inserted into the drop box of the live
				gaming device that received the fill. A copy of the fill slip or the original
				fill slip shall be returned to the casino cage.
(10) If the amounts in subdivision (4) do not
				agree, the fill slip shall not be signed and the discrepancy shall be resolved
				in accordance with the policy and procedure submitted in accordance with
				section 2(b)(8) of this rule. Surveillance shall be notified and the security
				officer shall return the chips and the fill slip to the casino cage.