<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s58dee48d-0081-4227-8802-055c4029b006P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s58dee48d-0081-4227-8802-055c4029b006C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s58dee48d-0081-4227-8802-055c4029b006C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s58dee48d-0081-4227-8802-055c4029b006C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s58dee48d-0081-4227-8802-055c4029b006000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s58dee48d-0081-4227-8802-055c4029b006C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:18:35:40"><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000000">20:18:35:40</span></a><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0-000001">.  </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000001">Annual financial audit</span><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000001">.</span><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0"> </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">A financial audit of the sports wagering operations of the licensee shall be conducted by certified public accountants authorized to practice in the state of South Dakota and provided to the commission each year within 180 days of the licensee s fiscal year that meets the following requirements</span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">:</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006000002"> </span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    </span><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">(1) </span><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0"> </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">Inclusion of an audited balance sheet and audited profits-and-losses statement and breakdown of expenditures and subsidiaries of advance deposit sports wagering activities</span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">;</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    (2)  </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">Inclusion of a supplement schedule indicating financial activities on a calendar-year basis if the licensee s fiscal year does not correspond to the calendar year</span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">;</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    (3)  </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">Report of any material errors, and irregularities that may be discovered during the audit, or notice of any audit adjustments</span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">;</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    (4)  </span><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">Availability, upon request, of an engagement letter for the audit between the licensee and the auditing firm; </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">and</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    (5)  </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">Inclusion of a supplemental schedule for South Dakota operations and a breakdown of sports wagering activities by each South Dakota casino in which there is an agreement. The supplemental schedule may be unaudited; however, if unaudited the top financial officer of the company shall provide a statement attesting to the accuracy of the information provided to the commission</span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">.</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006000002"> </span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000001">Source:</span><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0"> </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">48 SDR 14, effective August 22, 2021</span><span class="s58dee48d-0081-4227-8802-055c4029b006C0">.</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000001">General Authority:</span><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-7"><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000003">42-7B-7</span></a><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-11"><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000003">42-7B-11</span></a><span class="s58dee48d-0081-4227-8802-055c4029b006C0">(13).</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">    </span><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000001">Law Implemented:</span><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-43"><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000003">42-7B-43</span></a><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-76"><span class="s58dee48d-0081-4227-8802-055c4029b006C0-000003">42-7B-76</span></a><span class="s58dee48d-0081-4227-8802-055c4029b006C0">.</span></p><p dir="ltr" class="s58dee48d-0081-4227-8802-055c4029b006P0"><span xml:space="preserve" class="s58dee48d-0081-4227-8802-055c4029b006000002"> </span></p></div></body></html>