WAC 230-10-290. Controlling entry guarantee tickets

Bingo licensees must: (1) Treat all unaccounted-for entry guarantee tickets as cash shortages in the amount of the redemption value; and (2) Maintain a record of all entry guarantee tickets sold; and (3) Redeem entry guarantee tickets on the licensed premises and only for bingo cards during the bingo session for which the player bought the entry guarantee ticket; and (4) Immediately cancel entry guarantee tickets redeemed for bingo cards using a hand stamp that prints " redeemed " on each ticket; and (5) Treat entry guarantee tickets redeemed as gross gambling receipts for bingo at the session where they are redeemed; and (6) Modify the cash reconciliation section of the daily bingo records to document the number and dollar value of entry guarantee tickets redeemed; and (7) Deposit gross receipts from the sale of entry guarantee tickets separately into the gambling account no later than two banking days after they are received; and (8) Keep the entry guarantee ticket numbers relating to the funds deposited as a part of the deposit record; and (9) After thirty days, consider all unredeemed entry guarantee tickets void and record them as contributions to the organization.