S.C. Supreme Court: Casino boats don't have to report wagers
5/12/2008 10:14 PM   0 comment(s) on this story E-mail this story to a friend

COLUMBIA (AP) -- The state Supreme Court says casino boats operating out of South Carolina do not have to report how much money they take in each month to the state Revenue Department.
In an opinion released Monday, the court overturned an administrative law judge's ruling requiring the boats to report gross proceeds and payouts from gambling machines.
The justices agreed with the operators of SunCruz Casinos that state law requires only that they report the percentage of winnings to losses per machine.
Associate Justice John Waller disagreed, saying the Revenue Department is required to do an annual audit and would need the gross receipts. He said local governments also can tax the boats based on gross receipts, which they would need to know.
The majority opinion said the boat operators would have to provide that information for an audit, but not on monthly reports.
SunCruz operates two cruises a day from Little River. The boats have a capacity of 600 passengers and offer 380 slot machines and 22 table games, according to the company's Web site.
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On the Net:
Ventures South Carolina v. SCDOR:
http://www.sccourts.org/opinions/displayOpinion.cfm?caseNo26486

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