Revised Laws of Saint Lucia (2021)

27.   Internal controls

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    (1)   A gaming operator shall establish and maintain a system of internal control designed to—

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      (a)     maintain accountability for and safeguard assets;

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      (b)     maintain accurate and reliable financial records;

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      (c)     permit adequate recording of transactions to ensure proper reporting of revenue from gaming;

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      (d)     ensure that transactions are performed in accordance with set rules and the general and specific authorisation of management; and

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      (e)     ensure that appropriate action is taken in the event of a breach of the controls so established.

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    (2)   A gaming operator shall maintain a system whereby wagers made on a gaming machine and winnings paid out by the gaming machine are recorded daily.

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    (3)   The Board may make a request for the records made under subsection (2) to be made available to it and a gaming operator shall comply with the request.