Section 68IAC15-7-4. Admission revenue

   (a) The riverboat licensee shall establish auditing procedures in connection with admissions revenue. These procedures shall be performed on a daily basis and shall include, at a minimum, the following:

(1) Reviewing the passenger count form and summary passenger count form for propriety and completeness.

(2) Recalculating the admissions revenue and admissions tax per the passenger count forms and reconcile the total to the summary passenger count form.

(3) Ensuring the numbers on the passenger count forms and summary passenger count forms correspond to the numbers entered on Schedule A of Form RG-1.

(4) On a sample basis, the auditor or his or her equivalent will verify admissions revenue and tax by:

(A) counting the boarding passes; and

(B) comparing the total to the passenger count form.

  (b) The riverboat licensee shall require that all variances or discrepancies from subsection (a) be investigated, recorded, and reported to the head of the accounting department or equivalent and the commission staff or enforcement agent.

  (c) Any variances or discrepancies that affect the calculation of table game wins shall be adjusted for in the financial statements and reported on Form RG-1 on the gaming day the variance or discrepancy was discovered. (Indiana Gaming Commission; 68 IAC 15-7-4; filed Jul 18, 1996, 8:45 a.m.: 19 IR 3332; readopted filed Nov 25, 2002, 10:11 a.m.: 26 IR 1261; filed Dec 6, 2006, 2:52 p.m.: 20070103-IR-068060191FRA; readopted filed Nov 26, 2013, 3:58 p.m.: 20131225-IR-068130354RFA)