New Mexico Administrative Code
Title 15 - GAMBLING AND LIQUOR CONTROL
Chapter 1 - GAMES AND GAMING GENERAL PROVISIONS
Part 19 - PAYMENT OF WINNINGS OVER $1,200.00 UNDER THE GAMING CONTROL ACT
Section 15.1.19.11 - VERIFICATION OF WINNINGS; REPORTING PROCEDURES; NON-PROFIT GAMING OPERATORS
Current through Register Vol. 35, No. 18, September 24, 2024
A. When the winning patron seeks payment of winnings in the amount of twelve hundred dollars ($1,200.00) or more, the non-profit gaming operator licensee shall verify the winnings in accordance with approved minimum internal control standards.
B. Upon verification of the validity of the winnings, and before payment of the winnings, the non-profit gaming operator licensee shall ensure that the winning patron completes a form provided or approved by the board to report the winnings.
C. The form shall include the following information and must be completed in full:
D. In addition to providing the information required in Subsection C of 15.1.19.10 NMAC above, the winning patron shall sign and date the following statements, under penalty of perjury:
E. After the winning patron completes the form, the non-profit gaming operator licensee shall verify the identity of the winning patron and the information provided by the winning patron on the form against at least one (1) of the following forms of photograph identification:
F. The non-profit gaming operator licensee shall also verify the social security number provided by the winning patron on the form against one of the following documents:
G. Upon verification of the information provided by the winning patron; the non-profit gaming operator licensee shall pay the winnings.
H.If a winning patron refuses to provide any of the information required by this rule, or fails or refuses to complete the reporting form, the gaming operator licensee must withhold the winnings until such time as the information is provided.