68 IAC 15-5-8 - Uncollectible gaming receivables
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 8.
The casino licensee shall be allowed a deduction against a total win for uncollectible gaming receivables. The deduction shall be the least of the following:
(1) Actual
uncollectible gaming receivables.
(2) Two percent (2%) of the receipts from
gaming operations for the gaming day, which includes the total of all sums
received from patrons, whether collected or not, less the amount paid out by
the casino licensee as winnings to patrons.
(3) A reasonable provision for uncollected
patron checks received from gaming operations that is based on actual
uncollectible gaming receivables for the prior month prorated per
day.
Notes
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