Code of Maine Rules
16 - DEPARTMENT OF PUBLIC SAFETY
633 - GAMBLING CONTROL BOARD
Chapter 32 - RULES RELATING TO GAMES OF CHANCE
Section 633-32-8 - Reports and Records Required

Universal Citation: 16 ME Code Rules ยง 633-32-8

Current through 2024-38, September 18, 2024

1. Within 10 business days after any period in which a licensed game of chance is conducted, the licensee shall file with the Gambling Control Unit a disposition of funds form prescribed and furnished by the Gambling Control Unit, even if the event is canceled. The form must be made under oath by an officer of the Licensee or by the member in charge of the conduct of the game. The form must include:

A. An exact account of all income obtained by the entire organization from the licensed game of chance;

B. A list of all expenses related to the licensed game of chance, including, but not limited to, the cost of prizes, printing, licenses and administration; and

C. An exact account of the disposition of all proceeds obtained from the entire organization from the licensed game of chance, including, but not limited to, all gifts, grants and payments to any person, firm, corporation, association or organization for any purpose whatsoever.

2. All records of financial transactions involving games of chance must be separate and distinguishable from all other financial records of the licensee/registrant.

3. Each licensee /registrant maintain records of financial transactions involving a game of chance for 3 years following the date the game of chance was held.

4. The Director or the Director's authorized representative may examine the books and records of any licensee or registrant at any time, so far as those books and records relate to the transactions connected with the holding, operation and conduct of games of chance, and the licensee or registrant shall cooperate with the Director or the Director's representative by making such books and records available to them. The Gambling Control Unit may also examine any manager, officers, director, agent, member or employee of the licensee or registrant in relation to the conduct of a game of chance.

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