WAC 230-10-375. Failing to maintain a positive cash flow

(1) Bingo licensees must measure adjusted cash flow to ensure that they maintain a positive cash flow and are not operating primarily for gambling purposes. (2) If a licensee does not maintain a positive cash flow from the bingo operation as reflected in their annual financial statement as prepared in accordance with WAC 230-07-150 , the director will take administrative action to revoke the organization's bingo license.