Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 15 - ACCOUNTING RECORDS AND PROCEDURES
Rule 10 - Main Bank Responsibilities
Section 10-2 - Transactions

Universal Citation: 68 IN Admin Code 10-2

Current through September 18, 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.

(b) The casino licensee shall establish policies and procedures for the type of transactions to be performed by each casino cashiering area. The following transactions shall be identified by each cage performing the transaction:

(1) Issuance of markers.

(2) Receipt of marker payments.

(3) Cash personal checks and traveler's checks.

(4) Processing electronic gaming device jackpots.

(5) Sell chips.

(6) Redemption of chips.

(7) Acceptance of front money or safekeeping deposits, or both.

(8) Live gaming device fills and credits.

(9) Even-money exchanges.

(10) Acceptance of hard and soft count drops.

(11) Any other transactions deemed necessary by the executive director or the commission to ensure compliance with IC 4-33, IC 4-35, and this title.

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