N.Y. Comp. Codes R. & Regs. tit. 9 § 5104.2

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

Section 5104.2 - Financial stability reporting requirements

Each video lottery gaming agent and such agent's principals shall be required to maintain accurate and complete accounting records pertaining to video lottery gaming operations at the video lottery facility or such location approved in writing by the commission. Such records shall be maintained in accordance with generally accepted accounting principles. In connection with such records, each video lottery gaming agent shall report to the commission the following:

(a) on the fiscal year basis of the video lottery gaming agent, the video lottery gaming agent shall submit audited financial statements in accordance with these regulations within 120 days of such fiscal year end;

(b) video lottery gaming agents will submit standard financial reports required by these regulations; and

(c) such other information as the commission shall deem necessary for a showing of financial stability for a particular video lottery gaming agent including, without limitation, quarterly submissions of financial information.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5104.2