Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 15 - ACCOUNTING RECORDS AND PROCEDURES
Rule 7 - Audit Procedures
Section 7-2 - Table games

Universal Citation: 68 IN Admin Code 7-2

Current through September 18, 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.

(b) The riverboat licensee shall require that all variances or discrepancies from subsection (a) shall be investigated, recorded, and reported to the head of the accounting department or its equivalent. The information shall be made available upon demand by the commission staff or enforcement agent.

(c) Any variances or discrepancies that affect the calculation of the win shall be adjusted for in the financial statements and reported on Form RG-1 for the appropriate gaming day.

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