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WAC 230-10-365

Defining "adjusted cash flow from the bingo operations."

"Adjusted cash flow from the bingo operation" means the combined gross income of the bingo operation minus all prizes and expenses, whether paid or accrued. Operators must not consider depreciation or amortization an expense of the bingo operation for the purposes of computing expenses.
[Statutory Authority: RCW 9.46.070. WSR 07-10-033 (Order 610), ยง 230-10-365, filed 4/24/07, effective 1/1/08.]
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