Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 26 - PAID FANTASY SPORTS
Rule 5 - Annual Report Requirements
Section 5-1 - Annual financial audit
Current through September 18, 2024
Authority: IC 4-33-24-13
Affected: IC 4-33
Sec. 1.
(a) Each game operator licensee shall undergo an audit of its annual financial statements.
(b) The game operator licensee shall recommend an independent certified public accountant to perform the audit. The executive director or the executive director's designee must approve of the selection of the independent certified public accountant prior to the commencement of a contract between the accountant and the game operator licensee. To obtain the executive director's approval, the game operator must submit to the executive director an engagement letter with the game operator's recommended independent certified public accountant to perform the audit.
(c) The audit must:
(d) The game operator licensee is responsible for the cost of the financial audit required by this rule.
(e) The annual financial audit shall be provided to the commission no later than August 31 of each year in which the game operator was licensed.