Ria, BC V8W 9N1 Courier: 3rd Floor, 910 Government St., Victoria, BC V8W 1X3 Phone: (250) 387-5311 Web: www.gaming.gov.bc.ca BEFORE YOU START Report completed on: (DD-Mon-YYYY) Use this form to report all revenues and expenses associated with a licensed gaming event held by your organization. Licensees that could generate more than $20,000 in gross revenue annually through licensed gaming events, or that have an established gaming account, must comply with more rigo.
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How to fill out the Gaming Account Summary Report online
Filling out the Gaming Account Summary Report can seem daunting, but this guide will provide you with clear and straightforward instructions to support you. This document is vital for reporting revenues and expenses associated with your licensed gaming events, ensuring compliance with regulatory requirements.
Follow the steps to complete the report accurately.
- Click 'Get Form' button to obtain the report and open it in your preferred online editor.
- Begin with Section 1, where you will provide your organization’s name, mailing address, gaming event licence number, type of gaming event, and the reporting period (start and end dates of the event). Ensure all fields are completed clearly.
- In Section 2, enter the gross revenue for the gaming event. Include total sales, BCLC linked bingo operator’s fee, GST recovery, interest income, and sum these to find the total gross revenue.
- Proceed to Section 3 to detail prize costs. Input cash prizes and the cost of merchandise prizes, then report on donated prizes, ensuring to clarify costs versus retail value.
- In Section 4, list all event-related expenses, including advertising costs, wages, facility rental, and other direct expenses linked to the gaming event. Add these together to find the total expenses.
- Calculate the net gaming proceeds in Section 5 by subtracting total prize costs and expenses from total gross revenue.
- Finally, Section 6 requires signatures from two board members, including the treasurer. Ensure that all contact information is accurate and the date signed is included.
- After completing the form, you can save changes, download, print, or share the report as required.
Complete your Gaming Account Summary Report online today for a smooth filing experience.
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What can BC Gaming Grant be used for?
Community Gaming Grants provide $140 million annually to not-for-profit organizations throughout B.C., to support their delivery of ongoing programs and services that meet the needs of their communities.
What can PAC funds be used for BC?
Parent Advisory Council (PAC) and District Parent Advisory Council (DPAC) Grants. Parent Advisory Council (PAC) and District Parent Advisory Council (DPAC) Grants are intended to benefit K-12 students in B.C., by enhancing extracurricular opportunities and promoting parent and community involvement.
How to submit a gaming account summary report?
If you are a licensing client only, submit the completed form by mail to the Gaming Policy and. Enforcement Branch (see address above) or by email to: gaming.branch@gov.bc.ca. If you are a gaming grant client only, or both a gaming and licensing client, submit the completed form by mail to the Community Gaming.
What is the BC gaming grant?
Community Gaming Grants provide $140 million annually to not-for-profit organizations throughout B.C., to support their delivery of ongoing programs and services that meet the needs of their communities.
What is a gaming account?
Game Account means an account created for the Users within the Game Server that's necessary for the use of the Game by the User, and that contains the data, including the in-game progress of the User, that's necessary for the use of the Game.
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