Wyoming Administrative Code
Agency 038 - Wyoming Gaming Commission
Sub-Agency 0003 - Skill Based Amusement Games
Chapter 6 - Audit and Internal Controls
Section 6-6 - Accounting Records
Current through September 21, 2024
(a) Vendors must maintain complete, accurate, and legible records of all transactions related to their skill based amusement game operations, including transactions pertaining to revenues, expenses, assets, liabilities, and equity.
(b) The Commission may direct vendors to alter the manner in which the records are maintained if a vendor's records are not in sufficient detail or properly maintained.
(c) The accounting records must be maintained using a double entry system of accounting with transactions recorded on the accrual basis and supported by detailed subsidiary records.
(d) The vendor must maintain all records supporting the revenues generated, player payouts, net proceeds, and taxes paid.
(e) If a vendor fails to maintain the records used by it to calculate the net proceeds, the Commission may compute and determine the amount upon the basis of an audit conducted by the Commission using available information.
