Fla. Admin. Code Ann. R. 75-14.069 - Accounting and Security Records

(1) Each slot machine licensee shall maintain records of all transactions pertaining to the revenues and costs for its facility.

(2) General accounting records shall be on a double entry system of accounting with transactions recorded on the accrual basis that shall also be maintained as follows:

(a) The slot licensee shall maintain a uniform chart of accounts and accounting classification;

(b) The chart of accounts shall provide the classifications necessary to prepare standard financial statements; and,

(c) The slot machine licensee shall not alter the account numbering system without prior written notification to the division.

(3) Supporting subsidiary records to be maintained by the slot machine licensee shall include:

(a) Records detailing all complimentary items or services provided as required by Rule 75-14.021, F.A.C.;

(b) Records of all financial investments, advances, loans and receivable balances, due to the establishment; and,

(c) Records related to investments in real property and equipment.

(4) Prior to commencement of slot machine activities, the slot machine licensee shall submit to the division the name and location, bank account number and routing information of a financial institution for collection and distribution of slot machine gaming revenue. The financial institution shall be a bank or trust company authorized to do business in Florida. The bank account shall be used exclusively for the deposit and distribution of slot machine gaming revenues that shall not be commingled with any other funds.

Notes

Fla. Admin. Code Ann. R. 75-14.069

Rulemaking Authority 551.103(1), 551.122 FS. Law Implemented 551.103(1)(d), (e), (g), (i) FS.

New 6-25-06, Formerly 61D-14.069.

New 6-25-06, Formerly 61D-14.069.