(a) Each licensee under this part shall submit to the Department, at monthly intervals or at any other interval that the Department sets, a statement of its gross receipts and expenses. (b) For each game of bingo conducted by the licensee, the statement shall include: (1) the amount of gross receipts derived from the game; (2) each item of expense incurred in the conduct of the game; (3) each item of expenditure made in connection with the game; and (4) the net profit derived from the conduct of the game.
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