SGC-28-16-00007-A Definitions of Terms Used Throughout Subchapter B, Casino Gaming  

  • 9/21/16 N.Y. St. Reg. SGC-28-16-00007-A
    NEW YORK STATE REGISTER
    VOLUME XXXVIII, ISSUE 38
    September 21, 2016
    RULE MAKING ACTIVITIES
    NEW YORK STATE GAMING COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. SGC-28-16-00007-A
    Filing No. 836
    Filing Date. Sept. 06, 2016
    Effective Date. Sept. 21, 2016
    Definitions of Terms Used Throughout Subchapter B, Casino Gaming
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    Amendment of section 5300.1 of Title 9 NYCRR.
    Statutory authority:
    Racing, Pari-Mutuel Wagering and Breeding Law, sections 104(19) and 1307(1)
    Subject:
    Definitions of terms used throughout Subchapter B, Casino Gaming.
    Purpose:
    To define terms applicable to Subchapter B, Casino Gaming.
    Text or summary was published
    in the July 13, 2016 issue of the Register, I.D. No. SGC-28-16-00007-P.
    Final rule as compared with last published rule:
    No changes.
    Text of rule and any required statements and analyses may be obtained from:
    Kristen Buckley, New York State Gaming Commission, One Broadway Center, P.O. Box 7500, Schenectady, New York 12301, (518) 388-3407, email: gamingrules@gaming.ny.gov
    Initial Review of Rule
    As a rule that does not require a RFA, RAFA or JIS, this rule will be initially reviewed in the calendar year 2021, which is no later than the 5th year after the year in which this rule is being adopted.
    Assessment of Public Comment
    The Gaming Commission received one comment from one entity, Fox Rothschild LLP on behalf of Montreign Operating Company, LLC, in regard to this proposed rulemaking. The Commission has considered the comment received and decided that no changes were appropriate at this time. In particular:
    1. Proposed Rule 5300.1(f). The commentator requested the word “bankroll” be replaced with “fill bank.” The Commission reviewed the American Institute of Certified Public Accountants’ Gaming Audit and Accounting guide. The Guide uses the word bankroll in this context.

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