Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part III - Gaming Control Board
Chapter 47 - Landbased Casino Gaming
Section III-4733 - Disallowed Deductions

Universal Citation: LA Admin Code III-4733

Current through Register Vol. 50, No. 3, March 20, 2024

A. The casino operator or casino manager shall not be entitled to a deduction if the minimum payment required under the casino operating contract has not been satisfied.

B. The casino operator or casino manager may not be entitled to a deduction if a particular credit was, in the sole opinion of the division, issued in a manner inconsistent with the internal controls.

C. The casino operator or casino manager shall not knowingly compromise any credit collection amount with any person that has an outstanding debt with any affiliate or subsidiary of the casino operator or casino manager without the approval of the division.

AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15 and 24.

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