# COMAR 36.10.13.01: COMAR 36.10.13.01. Accounting Records

> Maryland · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_01

## Section

- **Citation:** COMAR 36.10.13.01
- **Heading:** COMAR 36.10.13.01. Accounting Records
- **Jurisdiction:** Maryland
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Code of Maryland Regulations / Title 36 MARYLAND STATE LOTTERY AND GAMING CONTROL AGENCY / Subtitle 10 SPORTS WAGERING PROVISIONS / Chapter 13 Sports Wagering Licensee Minimum Internal Control Standards / COMAR 36.10.13.01

## Text

A. Definition. Unless context or the individual regulation dictates otherwise, for purposes of this chapter, “sports wagering licensee” includes:
(1) Sports wagering facility licensee;
(2) Mobile sports wagering licensee;
(3) Sports wagering facility operator licensee; and
(4) Online sports wagering operator licensee.
B. A sports wagering licensee shall maintain complete, accurate, and legible records of all transactions pertaining to the revenues and expenses of sports wagering operations.
C. General ledger records shall be maintained on a double entry system of accounting with transactions recorded on a basis consistent with generally accepted accounting principles in the United States.
D. Subsidiary ledgers and records supporting general ledger records shall be prepared in accordance with generally accepted accounting principles in the United States.
E. Subsidiary ledgers and records shall include, at a minimum, documents that:
(1) Support the financial statements and all transactions impacting the financial statements including contracts or agreements with sports wagering contractors;
(2) Identify all sports wagering activity on a week-to-date, month-to-date, and year-to-date basis for the following:
(a) Handle;
(b) Payout;
(c) Win amount;
(d) Win percentage; and
(e) Average payout percentage;
(3) Summarize the cost, by category of service, of complimentary services under Regulation .08 of this chapter ;
(4) Identify all costs and expenses associated with the sports wagering operation;
(5) Are prepared in compliance with the internal controls approved by the Commission under Regulation .04 of this chapter ; and
(6) Relate to:
(a) Loans and other amounts payable by a sports wagering licensee;
(b) Bettor disputes including bettor complaint forms filed with the Commission under Regulation .37 of this chapter ;
(c) Negotiable instruments accepted, deposited, returned as uncollected or ultimately written-off by a sports wagering licensee under this chapter; and
ssion under Regulation .04 of this chapter ; and
(6) Relate to:
(a) Loans and other amounts payable by a sports wagering licensee;
(b) Bettor disputes including bettor complaint forms filed with the Commission under Regulation .37 of this chapter ;
(c) Negotiable instruments accepted, deposited, returned as uncollected or ultimately written-off by a sports wagering licensee under this chapter; and
(d) Investments in property and equipment for the benefit of a sports wagering licensee.

## Nearby sections

- [COMAR 36.10.13.01 COMAR 36.10.13.01. Accounting Records](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_01.md)
- [COMAR 36.10.13.02 COMAR 36.10.13.02. Forms and Documents](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_02.md)
- [COMAR 36.10.13.03 COMAR 36.10.13.03. Content of Internal Controls](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_03.md)
- [COMAR 36.10.13.04 COMAR 36.10.13.04. Review of Internal Controls](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_04.md)
- [COMAR 36.10.13.05 COMAR 36.10.13.05. Standard Financial and Statistical Reports](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_05.md)
- [COMAR 36.10.13.06 COMAR 36.10.13.06. Annual Audit and Other Regulatory Reports](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_06.md)
- [COMAR 36.10.13.07 COMAR 36.10.13.07. Record Retention](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_07.md)
- [COMAR 36.10.13.08 COMAR 36.10.13.08. Complimentary Services](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_08.md)
- [COMAR 36.10.13.09 COMAR 36.10.13.09. Table of Organization](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_09.md)
- [COMAR 36.10.13.10 COMAR 36.10.13.10. Surveillance System Design Standards for Class A and Class B-1 Sports Wagering Facility Licensees](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_10.md)
- [COMAR 36.10.13.11 COMAR 36.10.13.11. Surveillance Department Operating Procedures for Class A and Class B-1 Sports Wagering Facility Licensees](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_11.md)
- [COMAR 36.10.13.12 COMAR 36.10.13.12. Surveillance Department Minimum Staffing for Class A and Class B-1 Sports Wagering Facility Licensees](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_12.md)
- [COMAR 36.10.13.13 COMAR 36.10.13.13. Surveillance System Design Standards for Class B Sports Wagering Facility Licensees](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_13.md)
- [COMAR 36.10.13.14 COMAR 36.10.13.14. Surveillance Department Operating Procedures for Class B Sports Wagering Facility Licensees](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_14.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_36_10_13_01. Check the current official text before relying on it. Not legal advice.