All licensed groups conducting casino events are required to pool net proceeds and losses within a calendar year quarter.
Pooling is a fair system of dividing net revenue and losses regardless of which days the casino event was held.
The following conditions apply:
- For casinos conducted in cities with two or more casino facilities, groups must pool net casino proceeds with all groups licensed in the same city and within the same pooling period.
- The pooling periods are the same as the quarterly casino draw period.
CASINO DRAW SCHEDULE/POOLING PERIODS
||Months in Quarter
||January, February and March
||April, May and June
||July, August and September
||October, November and December
The casino pool is managed by the AGLC. Neither the casino facility licensee nor any registered gaming worker has any influence over the activities of the trustee.
Issuing the Pooling Proceeds
Pool Proceeds are distributed to the participating charities within approximately six to eight weeks after the end date of the pool quarter.
Questions related to pooling may be directed to the AGLC’s pool payout hotline at 780-577-6999.
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