05262821 Level II Training Book

Jackpot Insurance (Chapter 11)

• Insurance premiums reduce net gaming revenue • Recoveries increase net gaming revenue

45

Chip Float (Chapter 11)

• Purchasing New Chips, Capitalize or Expense? • Adjusting the Liability Periodically or Breakage: o Public Notice o Reducing the Liability with an offset to Net Gaming Revenue

46

BlueBird CPAs

23

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