Section 60-2E-7(B)(3) of the Gaming Control Act authorizes the board to develop, adopt and promulgate all regulations necessary to implement and administer the provisions of the Gaming Control Act. Sections 60-2E-8(C)(9) and 60-2E-8(C)(12) of the Act require that the Gaming Control Board prescribe accounting procedures and financial reporting and internal control requirements for licensees.
N.M. Admin. Code § 15.1.8.3