13 Miss. Code. R. § 9-4.5 - Accounting
(a) Each licensee shall prepare and maintain
in a manner suitable to the commission, complete and accurate accounting
records, information and data which shall be generated by an approved computer
system and which reflects the following on a daily basis for each event upon
which pari-mutuel wagering was held:
1. Gross
amount wagered on each event;
2.
Gross and net amounts of each pool;
3. Commissions deducted;
4. Tax and breakage on each pool;
5. Number and value of tickets sold on each
pool;
6. Final odds;
7. Payoff prices; and
8. The amount paid on all winning pari-mutuel
tickets.
(b) A daily
reconciliation of all cash received and paid on each pool of each event shall
be recorded along with the cash count of the money room.
(c) The gross revenue received by a licensee
from pari-mutuel wagering shall be calculated and added to gross gaming revenue
from other gaming operations for taxation purposes. Gross revenue includes the
amount of the commission received by a licensee that is deducted from a
pari-mutuel wagering pool, plus breakage and the face amount of unpaid winning
tickets that remain unpaid for a period specified by the Mississippi Gaming
Commission
Notes
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