|Financial Audit Division Report 05-44||Released August 5, 2005|
The Gambling Control Board’s internal controls were adequate for the items we tested. The board complied with material finance-related legal provisions, except for the meal expense issue cited below.
The Gambling Control Board regulates lawful gambling in Minnesota. The board has the power to issue and revoke charitable gambling licenses. It conducts periodic audits and compliance reviews to ensure the integrity of operations and monitor the use of net profits by gambling organizations.
The board, which operates according to Minnesota Statutes, Chapter 349, consists of seven members who each serve four-year terms.