WEST VIRGINIA CODE
WVC 29 - 25 - 20
§29-25-20. Accounting and reporting of gross terminal income;
distribution.
The licensed gaming facility shall submit thirty-six percent
of the gross terminal income from video lottery games at the
licensed gaming facility to the commission through electronic funds
transfer to be deposited into the Historic Resort Hotel Fund
created in section twenty-two of this article. The licensed gaming
facility shall also submit seventeen percent of the gross terminal
income from video lottery games at the licensed gaming facility to
the commission through electronic funds transfer to be deposited
into the Human Resource Benefit Fund created in section
twenty-two-a of this article. Each of these submissions shall be
made to the commission weekly. The gaming licensee shall furnish
to the commission all information and bank authorizations required
to facilitate the timely transfer of moneys to the commission. The
gaming licensee shall provide the commission thirty days' advance
notice of any proposed account changes in order to assure the
uninterrupted electronic transfer of funds.
Note: WV Code updated with legislation passed through the 2012 1st Special Session