Video lottery operators remit the State’s percentage of net machine income through electronic transfer of funds. There are two billing periods each month—the 1st through the 15th and the 16th through the last day of month.
If the Lottery receives notification that an operator’s bank account sweep was returned NSF, the operator is contacted and informed that a re-sweep will be attempted the next business day. A $40 NSF charge and a 1-1/2% penalty are assessed the operator’s total NSF sweep amount and posted to that operator’s next billing statement.
If the scheduled re-sweep is returned NSF, the operator is again assessed a $40 NSF charge and a 1-1/2% penalty on the total NSF sweep amount. The operator will be contacted and asked to provide a certified check for the NSF sweep amount within 5 business days.
Cases of repeated NSFs will be evaluated based on the circumstances. Uncollectable sweeps may result in the cashing of the operator’s security item (i.e., surety bond, letter of credit, certificate of deposit, or cash) currently held by the Lottery or may result in license suspension or revocation, the imposition of civil fines, or machine disablement to prevent further play.