Kansas Administrative Regulations
Agency 112 - KANSAS RACING AND GAMING COMMISSION
Article 104 - MINIMUM INTERNAL CONTROL SYSTEM
Section 112-104-23 - Merchandise jackpots
Universal Citation: KS Admin Regs 112-104-23
Current through Register Vol. 43, No. 39, September 26, 2024
(a) Each facility manager's internal control system shall include internal controls for the payment of a merchandise jackpot. The internal controls shall be submitted to and approved by the commission according to K.A.R. 112-104-1.
(b) A facility manager shall not offer a merchandise jackpot payout unless both of the following conditions are met:
(1) The terms and conditions of the
merchandise jackpot, including the effect on the calculation of the theoretical
payout percentage, meet the requirements of the act, this article, and the
technical standards approved by the commission under article 110.
(2) The commission has approved the specific
offer of the merchandise jackpot. To obtain commission approval, a facility
manager shall file an amendment waiver and request form containing all of the
details related to the merchandise jackpot payout.
(c) Each cash payout made in connection with a merchandise jackpot shall be made in accordance with K.A.R. 112-104-21.
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