Authority

Authority. The Mississippi Gaming Commission, or its designee, will have authority: (a) To conduct periodic audits or reviews of the books and records of licensees; (b) To review the accounting methods and procedures used by licensees; (c) To review and observe methods and procedures used by licensees to count and handle cash, chips, tokens, negotiable instruments, and credit instruments; (d) To examine the licensees' records and procedures in extending credit, and to confirm with gaming patrons the existence of an amount of debt and any settlement thereof; (e) To examine and review and require modifications of licensees' internal control procedures; (f) To examine all accounting and bookkeeping records and ledger accounts of the licensee or a person controlling, controlled by, or under common control with the licensee; (g) To examine the books and records of any licensee when conditions indicate the need for such action; and (h) To investigate each licensee's compliance with the Gaming Control Act and other regulations as it relates to internal controls or auditing procedures.