N.Y. Comp. Codes R. & Regs. tit. 9 § 4300.34

Current through Register Vol. 46, No. 45, November 2, 2024

Section 4300.34 - End-of-day reports

(a) For each race offered, the totalisator system must be capable of printing the following reports and have them available for review by the mutuel manager, and/or the commission:

(1) balance report showing for every wagering device operated on that day including:

(i) the teller's name or identification number, if applicable;

(ii) the total value and number of tickets sold, canceled, and cashed, separating the outs from the current day's tickets;

(iii) the total amount of money drawn from the money room, including the beginning draws;

(iv) the total amount of money returned to the money room; and

(v) a listing of adjustments made to each wagering device balance after each wagering device has been individually balanced;

(2) wagering summary report showing:

(i) by wagering site, the amount wagered, refunded, and added for every pool and for each race;

(ii) the time of day each race's pools closed;

(iii) the commissions deducted, breakage calculated, and amount paid out for every pool in each race;

(iv) the total value of outstanding tickets before the pools were opened for the performance, the value of tickets cashed during the performance, the value of tickets to be added to the outstanding ticket total, and the new outstanding ticket total; and

(v) the total value of outstanding vouchers before the pools were opened for the performance, the value of vouchers cashed during the performance, the value of vouchers to be added to the outstanding voucher total, and the new outstanding voucher total;

(3) system balance report comparing the pool and paid-out totals obtained by processing the transaction files with the pool and paid-out totals obtained from the actual calculations;

(4) money room balance report showing cash added and subtracted from the beginning day's balance resulting from the day's wagering and cashing transactions; and

(5) IRS report showing the winner's social security number, the ticket number, amount won, and taxes withheld for each transaction requiring a form W2-G.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 4300.34