Alaska Administrative Code
Title 15 - Revenue
Chapter 160 - Authorized Games of Chance and Skill
Article 8 - Accounting and Recordkeeping
15 AAC 160.810 - Net proceeds

(a) A permittee or an operator may not pay a person for services rendered to conduct gaming activities or pay gaming prizes or expenses from the net proceeds.

(b) A permittee shall keep a detailed record of disbursements from the net proceeds for three years after the record was made.

(c) A permittee that dedicates net proceeds to a scholarship for education may only award the scholarship to a resident of the state or to a person who will use the scholarship in the state.

(d) Repealed 11/10/96.

(e) Repealed 11/10/96.

(f) A permittee that dedicates or otherwise transfers net proceeds to another organization must take steps to ensure that the net proceeds are spent in accordance with AS 05.15.150.