Section 99-01.3-09-07 - RecordkeepingRecords must include and be retained for three years from the end of the quarter in which the activity was reported:
1. For each poker occasion: a. The starting and ending cash on hand and chips according to section 99-01.3-03-06;b. For nontournament play and a side game, the fees collected for each one-half hour interval on each table; number of players; time each fee is collected; and the name, signature, and time worked of the employee who collected the fee;c. For tournament play, including satellite games; the fees; rebuys; bounties; add-ons collected; name and address of each player; signature or initials; and date of the employee who collected the fee;d. For tournament play, including satellite games, prize register according to section 99-01.3-03-07, and record of win according to section 99-01.3-03-08;e. Cash profit as defined in subdivision k of subsection 9 of section 99-01.3-02-01;f. A summary of gross proceeds, prizes, adjusted gross proceeds, cash profit, cash long or short, and bank deposit. The summaries of all poker activity for a quarter must reconcile to the tax return;g. A copy of the tournament rules for each poker occasion;h. Receipts for transferred satellite buy-in prize; andi. A copy of the tournament schedule according to subsection 1 of section 99-01.3-09-05.2. Ideal cash bank master records according to subsection 4 of section 99-01.3-03-09.3. Verification of the amount deposited according to a bank statement, and an audit of the game's activity according to subsections 6 and 7 of section 99-01.3-03-10.4. The count and reconciliation of cash banks according to subsections 4 and 6 of section 99-01.3-03-09.N.D. Admin Code 99-01.3-09-07
Adopted by Administrative Rules Supplement 2016-360, April 2016, effective 4/1/2016.Amended by Administrative Rules Supplement 369, July 2018, effective 7/1/2018.Amended by Administrative Rules Supplement 2022-387, January 2023, effective 1/1/2023.General Authority: NDCC 53-06.1-01.1
Law Implemented: NDCC 53-06.1-01.1