Current through Register Vol. 54, No. 44, November 2, 2024
(a) A
slot machine licensee may accept a wire transfer on behalf of a patron to
enable the patron to take part in gaming. A wire transfer accepted by a slot
machine licensee shall be recorded in the slot machine licensee's cage
accountability no later than the next gaming day.
(b) Prior to commencing acceptance of wire
transfers for gaming purposes, a slot machine licensee shall establish a
comprehensive system of internal controls addressing the acceptance,
verification, accounting for and sending of wire transfers. The internal
controls shall be submitted to and approved by the Board under §
465a.2 (relating to internal
control systems and audit protocols).
(c) The internal control procedures developed
and implemented by the slot machine licensee under subsection (b) must include:
(1) A cage log to record the following
information with regard to wire transfers accepted:
(i) A sequential number assigned by the slot
machine licensee to the wire transfer transaction.
(ii) The date and time of
notification.
(iii) The name of the
financial institution and account number to which the funds were
transferred.
(iv) The amount of
funds transferred.
(v) The name of
the patron for whose benefit the funds were transferred.
(vi) The name and address of the financial
institution from which the funds were transferred and the account number from
which the funds were debited.
(vii)
The method by which the slot machine licensee was notified of the receipt of
the wire transfer and, if noticed by telephone, the name and title of the
person providing notice.
(viii) The
signature of the cage employee receiving and recording the information required
under this subsection.
(ix) A
notation that the wire transfer has been reversed under subsection (d), when
applicable.
(2) A
requirement that a cage supervisor other than the cage employee who initially
documented receipt of the wire transfer verify receipt of the wire
transfer.
(3) A requirement that
the cage supervisor verifying receipt of the wire transfer document the
verification process performed in the log required under paragraph (1)
including:
(i) The method by which the receipt
of the wire transfer was verified and, if verified by telephone, the name and
title of the individual providing the verification.
(ii) The date and time of
verification.
(iii) The signature
of the cage supervisor verifying receipt of the wire transfer.
(4) The procedures used to:
(i) Establish, verify and document the
identity of the patron.
(ii) Make
the wire transfer proceeds available to the patron at the cage.
(iii) Adjust the cage
accountability.
(5) A
cage log to record the following information with regard to wire transfers sent
on behalf of a patron:
(i) The name of the
patron.
(ii) The date of the
transaction.
(iii) The amount of
funds transferred.
(iv) The source
of funds transferred (cash, cash equivalent, jackpot payout).
(v) The name and address of the financial
institution to which the funds will be transferred and the account number to
which the funds will be credited.
(vi) The signature of the patron if the
request to send a wire transfer is made in person at the cage.
(vii) Documentation supporting the receipt of
a request by the slot machine licensee to send a wire transfer on behalf of a
patron if the request was not made in person at the cage.
(viii) The signature of the cage employee
receiving and recording the information required under this
subsection.
(ix) The signature of
the cage supervisor or accounting department supervisor authorizing the wire
transfer.
(6) When
sending a wire transfer on behalf of a patron, the procedures used to:
(i) Verify and document the identity of the
patron.
(ii) Adjust the cage
accountability.
(d) A slot machine licensee, on the next
gaming day, shall take all steps necessary to return to a patron by wire
transfer an amount initially accepted by wire transfer if, at the expiration of
14 gaming days following the deposit into its operating account of a wire
transfer which has no documented business purpose other than having been
accepted to enable a patron to take part in gaming, both of the following
circumstances exist:
(1) The wired funds
remain in a slot machine licensee's operating account or cage
accountability.
(2) The patron has
engaged in minimal or no slot or table game play.
(e) The wire transfer returned under
subsection (d) shall be sent to the financial institution from which the funds
were debited. This reversal of the wire transfer shall be recorded in the wire
transfer log maintained under subsection (c)(1).
The provisions of this § 465a.21 amended under
4
Pa.C.S. §§
1202(b)(15) and
(30),
1207,
1212,
1322, 13A 02(1)-(6), 13A25,
13A26(c), 1509, 1516, 1518(a)(13) and 1602.
This section cited in 58 Pa. Code §
465a.23 (relating to customer
deposits).
