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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>81491</law_id><section_number>58.1-4113</section_number><catch_line>Electronic accounting and reporting requirements; annual audit of licensed gaming operations</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="58.1">Taxation</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Other Sources of State Revenue</unit><unit label="chapter" level="3" order_by="1" identifier="41">Casino Gaming</unit><unit label="article" level="4" order_by="1" identifier="3">Licenses</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Each casino <span class="dictionary">game</span> that operates electronically shall be connected to a central monitoring and audit system established and operated by the <span class="dictionary">Department</span>. Such system shall provide the ability to audit and account for terminal revenues and distributions in real time. The central monitoring and audit system shall collect the following information from each electronically operated casino <span class="dictionary">game</span>, as applicable: (i) cash in, (ii) cash out, (iii) points played, (iv) points won, (v) gross terminal income, (vi) net terminal income, (vii) the number of plays of the <span class="dictionary">game</span>, (viii) the amounts paid to play the <span class="dictionary">game</span>, (ix) door openings, (x) power failures, (xi) remote activations and disabling, and (xii) any other information required by <span class="dictionary">Board</span> regulations. <a id="paragraph-291953" class="section-permalink" href="https://vacode.org/58.1-4113/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Within 90 days after the end of each fiscal year, the licensed operator shall transmit to the <span class="dictionary">Department</span> a third-<span class="dictionary">party</span>, independent audit of the financial transactions and condition of the <span class="dictionary">licensee</span>&#x2019;s total operations. All audits required by this section shall conform to <span class="dictionary">Board</span> regulations. <a id="paragraph-291954" class="section-permalink" href="https://vacode.org/58.1-4113/#B"><i class="fa fa-link"/></a></p></section></text><history>2020, cc. 1197, 1248.</history><metadata></metadata></law>
