Ask Reggi Your Question Now
Can you summarize MSAC Title 13, Part 7?
MISSISSIPPI GAMING COMMISSION > Accounting Records
Short Summary
This legal document governs the record-keeping requirements for licensees in the gaming industry in Mississippi. Licensees are required to maintain accurate, complete, legible, and permanent records of all transactions pertaining to gaming. The document outlines specific conditions for storing records electronically and requires licensees to provide a detailed index of computerized or microfiche record-keeping systems upon request. Additionally, licensees must maintain general accounting records, including detailed records of revenues, expenses, assets, liabilities, and equity, as well as records of credit instruments, game statistics, slot analysis reports, and other records as required by the Executive Director. The document also specifies reporting requirements for hotel properties, if applicable. Licensees are required to retain original gaming records for at least 90 days and provide them to the State Gaming Commission upon request. Overall, this document establishes the necessary record-keeping standards and obligations for licensees in the Mississippi gaming industry.
Whom does it apply to?
Licensees in the gaming industry in Mississippi
What does it govern?
Record-keeping requirements for licensees in the gaming industry in Mississippi
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Mississippi