626

(a) A licensee shall maintain books, accounts, documents, and other records necessary to determine the licensee's compliance with this Article. A licensee shall maintain the following for at least three (3) years after the record is created:\n(1) a record of each wager accepted;\n(2) a record of each prize paid;\n(3) a general ledger posted at least monthly containing all assets, liability, capital, income and expense accounts;\n(4) bank statements and bank reconciliation records;\n(5) records of outstanding prizes and monies held on behalf of players;\n(6) records of each prize paid within the three-year period; and\n(7) any other books, accounts, documents, and other records that may be prescribed by the Commission by rule or regulation.\n(b) The items specified in subsection (a) may be maintained in paper, photographic, electronic, or similar permanent medium.\n(c) Books, accounts, documents, and other records may be maintained outside of the Virgin Islands if they are made accessible to the Commission on seven (7) business days notice that is set in a record.\n(d) All books, accounts, documents and records maintained by the licensee as required in subsections (a) through (c)

ible to the Commission on seven (7) business days notice that is set in a record.\n(d) All books, accounts, documents and records maintained by the licensee as required in subsections (a) through (c) of this section, shall be open to inspection by the Commission pursuant to section 628 of this chapter.