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Bluebirdcpas.com news digest

  • 5 years

    NIGC 2018 Fee Rate and Fingerprint Fees

    The National Indian Gaming Commission has adopted its 2018 annual fee rates, which remain the same as the 2017 fee rates. These rates apply to all assessable gross revenues from each gaming operation under the jurisdiction of the NIGC. If a Tribe has...

  • 5 years

    NIGC Bulletin 2018-3: Guidance on the Class III Minimum Internal Control Standar...

    The NIGC released Bulletin No. 2018-3 today, the purpose of which is to provide an updated, non-binding Minimum Internal Control Standards (MICS) for Class III Gaming.
    In 2006, the D.C. Circuit Court of Appeals ruled that the NIGC lacked authority to enforce or promulgate Class III MICS. Since the ruling the Class III MICS have not been substantively revised, making some standards obsolete and ignoring new areas of...

  • 5 years

    2017 Indian Gaming Revenues Increase 3.9% to $32.4 Billion

    The 2017 Indian Gaming revenues have increased 3.9% from 2016, totaling $32.4 billion in revenues. The FY 2017 revenues were calculated from the individually audited financial statements of 494 gaming operations, owned by 242 federally recognized Tribes...

  • 5 years

    NIGC Proposed Rule: Minimum Internal Control Standards Class II

    The National Indian Gaming Commission (NIGC) is proposing amendments to the Minimum Internal Control Standards (MICS) for Class II Gaming. These amendments will correct an erroneous deletion of key control standards in drop and count and will include...

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