WAC 230-15-715

WAC 230-15-715. Tax authorities seizing all, or a portion, of a progressive jackpot

Last amended: 2021Year: 2026Length: 64 wordsOfficial source
If a taxing authority seizes jackpot funds, the house-banked card room licensee must immediately cease operating the progressive jackpot game and collecting funds for the progressive jackpot until the amount that was posted as the prize has been replaced in the bank account. Licensees may either replace nondisplayed prizes retained in the progressive account that were seized or record the funds as gross receipts.
WAC 230-15-715: WAC 230-15-715. Tax authorities seizing all, or a portion, of a progressive jackpot | Justis AI