Section 230-14-280. Records review of gross gambling receipts.

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To meet the gross gambling receipts and license class requirements, punch boards and pull-tab licensees must adjust gross gambling receipts from the operation to comply with commission records review findings.

Licensees must perform the following calculations:

(1) For unrecorded punch boards and pull-tab series -

To account for any unrecorded punch boards and pull-tab series, licensees add the unrecorded punch board or pull-tab series to the unadjusted gross gambling receipts. To get the total of unrecorded punch boards or pull-tab series, licensees multiply the total number of chances available by the price of a single chance to determine the maximum amount that could be generated from the punch board or pull-tab series.

*
Licensees must apply this figure to the records for the month in which they purchased the punch board or pull-tab series.

(2) For recording errors -

To adjust gross gambling receipts for the results of our records review, licensees divide the amount we determined for a randomly selected sample of punch boards or pull-tab series by the recorded amount for them.

**
Licensees apply this figure to the total recorded gross gambling receipts for the calendar quarter from which we took the sample and to the three quarters immediately before.

[Statutory Authority: RCW 9.46.070. WSR 07-17-058 (Order 614), § 230-14-280, filed 8/10/07, effective 1/1/08.]

RCW 9.46.070. WSR 07-17-058 (Order 614), § 230-14-280, filed 8/10/07, effective 1/1/08.

                    
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*	Licensees must apply this figure to the records for the month in which they purchased the punch board or pull-tab series.


**	Licensees apply this figure to the total recorded gross gambling receipts for the calendar quarter from which we took the sample and to the three quarters immediately before.