Slots Internal Controls
Whether a Group I or Group II licensee is in c ompliance with the Minimum Internal Control Standards (MICS). This checklist is to be used by the CPA in determining whether the licensee’s slot operations are in compliance with the Slot Minimum Internal Control Standards. Indicate licensee personnel contacted. Minimum Internal Control Standards (MICS) for Indian gaming. MICS apply to all tribal gaming operations regardless of whether the tribe has hired a management company to run gaming operations or is directly overseeing gaming operations. Most tribal gaming operations are formed through tribal-state gaming compacts. The compacts also contain MICS. The federal regulation is intended to require tribes to ensure tribal internal controls are established and implemented that accomplish three objectives: (1) Provide a level of control that equals or exceeds those set forth in part 543; (2) establish standards to detect and deter unlawful activity; and (3) set a deadline, as specified in the. Who controls slot machine odds on the slot machine you’re sitting at? As I’ve discussed before, both on my webpage Assessing Casinos as well as Professor Slots podcast episode #3: Assessing Casinos, Alaska Slots 2017, deciding which local casino you want to spend your time at is an important decision for determining your baseline success. Commission has elected to enforce MICS 542, MICS 543, TICS and SICS (System of Internal Controls) at all Choctaw Casinos. In addition to all applicable departmental gaming regulations, all Choctaw Casinos.
Introduction to West Virginia Slot Machine Casino Gambling in 2020
West Virginia slot machine casino gambling consists of five casinos including one casino resort and four racetracks with slot machines. Many retailers have a few video lottery terminals.
The West Virginia state legislature has two sets of minimum and maximum theoretical payout limits depending upon the location of the gaming machine. Limited return statistics are available annually.
This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.
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Relevant Legal Statutes on Gambling in West Virginia*
The minimum legal gambling age in West Virginia depends upon the gambling activity:
- Land-Based Casinos: 21
- Poker Rooms: 21
- Bingo: 18
- Lottery: 18
- Pari-Mutuel Wagering: 21
In 1994, West Virginia legalized video lottery terminals at their thoroughbred and greyhound racetracks. In 1999, West Virginia began allowing physical reel slot machines at licensed racetracks.
Machine restrictions at these pari-mutuel wagering facilities include approval by the local county and having only:
- Slots
- Blackjack
- Keno
- Many versions of poker
In 2001, West Virginia passed the Limited Video Lottery Act allowing bars and restaurants to have up to five video lottery terminals (VLTs) and fraternal organizations to have up to ten VLTs. The Act also restricted the state to a total of 9,000 VLTs.
*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.
Slot Machine Private Ownership in West Virginia
It is legal to own a slot machine privately in West Virginia.
Gaming Control Board in West Virginia
The West Virginia Lottery Commission controls VLT gaming regulations. This lottery was created in 1984 by amending the Constitution of West Virginia with Article VI, Section 36.
Afterward, West Virginia legalized VLTs with subsequent amendments, acts, rules, and statutes. Each statute is available in the West Virginia Lottery’s Rules and Regulations.
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Casinos in West Virginia
There are four pari-mutuel racetracks and one casino resort in West Virginia, where their slot machines have 18 different games. In 2019, 1,303 commercial retailers each had between five and ten VLTs, offering eleven games.
The largest casino in West Virginia is Hollywood Casino at Charles Town Races with 2,500 slot machines.
The second-largest casino is Mountaineer Casino Racetrack & Resort with 1,525 slot machines.
Commercial Casinos in West Virginia
The four pari-mutuel racetracks with slot machines in West Virginia are:
- Hollywood Casino at Charles Town Races in Charles Town, 320 miles northeast of Charleston.
- Mardi Gras Casino & Resort in Cross Lanes, 10 miles northwest of Charleston.
- Mountaineer Casino Racetrack & Resort in New Cumberland, 35 miles north of Wheeling.
- Wheeling Island Hotel Casino Racetrack in Wheeling.
The single casino resort in West Virginia is:
- The Casino Club at The Greenbrier in White Sulphur Springs, 120 miles southeast of Charleston
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Tribal Casinos in West Virginia
West Virginia has no federally-recognized tribes and, therefore, no tribal casinos.
Other Gambling Establishments
As an alternative to enjoying West Virginia slot machine casino gambling, consider exploring casino options in a nearby state. Bordering West Virginia is:
- North: Maryland Slots and Pennsylvania Slots
- East and South: Virginia Slots
- West: Kentucky Slots and Ohio Slots
Each of the links above will take you to my blog for that neighboring U.S. state to West Virginia.
Our West Virginia Slots Facebook Group
Are you interested in sharing and learning with other slots enthusiasts in West Virginia? If so, join our West Virginia slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.
There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in West Virginia. Join us!
Payout Returns in West Virginia
Slots Internal Controls
West Virginia has two sets of theoretical payout limits including:
- Racetracks and casino resort: 80% and 99.9%
- Commercial retailers: 80% and 92% (or 95%, if approved)
Retailers must obtain individual permissions to have a greater than 92% payout. These high payout terminals must obtain Commission approval twice, including:
Written consent prior to manufacturing
Approval before applying for testing
From its 2019 Annual Report, the Commission reported the annual return statistics in West Virginia to be:
- Casino resort: 92.5%
- Racetracks: 89.6%
- Commercial Retailers: 92.1%
Summary of West Virginia Slot Machine Casino Gambling in 2020
West Virginia slot machine casino gambling consists of one casino resort, four racetracks, and 1,303 retailers with VLT-style gaming machines. Retailers may have up to five VLTs if a bar or tavern, and up to ten VLTs if a fraternal organization. Up to 18 different games are available on these VLTs, including slot machine game themes.
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The minimum theoretical payout is 80% for all VLTs. The maximum theoretical payout is 99.9% for casinos, but 92% for retailers. With permissions, retailers can obtain a 95% maximum theoretical payout for specific VLT machines.
Annual Progress in West Virginia Slot Machine Casino Gambling
Over the last year, there has been no change in the West Virginia gaming industry.
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Other State-By-State Articles from Professor Slots
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- Next: Wisconsin Slot Machine Casino Gambling
Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC