On February 23, 2006, the Nevada Gaming Commission adopted a new bankroll formula for licensees other than stand-alone restricted licensees. This new formula was adopted pursuant to the then-current version of Regulation 6.150, which required the NGC to adopt the formula proposed by the Board Chairman. On March 23, 2006, the NGC adopted revisions to Regulation 6.150, effective on that date. Use the following link for the amended regulation.
The implementation plan was as follows:
1. An industry letter dated April 4 explained the implementation process. Use the following link for this letter.
2. Licensees were expected to be in full compliance with the new bankroll requirements as of June 26, 2006.
The Board has prepared an overview document that highlights certain instructions and explains compliance requirements in additional detail. Use the following link for this overview document.
The detailed, line-by-line instructions for completing the bankroll worksheets are contained in a separate document. Use the following link for the detailed instructions.
An Excel workbook has been developed to permit automated computation of the bankroll requirements. This workbook should be used by all licensees. Licensees are not to create their own formula worksheets. Use the following link for the Excel workbook.
Please note that this workbook consists of two worksheets. When printing hard copies of this workbook, be sure to print both worksheets.
The Board has issued a listing of Frequently Asked Questions (FAQ) regarding the Regulation 6.150 Bankroll Formula. Please use this link to access the FAQ’s.
Changes to the bankroll requirements for restricted licensees were announced in a letter dated May 1, 2006.
An Excel worksheet has been developed for restricted licensees.