![]() The situation was further outlined by an official press release with a statement from NIGC chairman E. ![]() NIGC outlined specific breaches had to do with three areas, including the submission of annual audits, the hiring of an independent CPA to conduct independent audits of each casino for each fiscal year, and independent audit and financial statements sent to the regulator within 120 days of the end of a property’s fiscal year.Īccording to the regulator, which went back and looked all the way back to 2013, some of the audits had been carried out by an unlicensed CPA and were therefore unacceptable. The two properties that are tied to the infringements are the Golden Eagle Casino and the Silver Buffalo Casino, a now-closed property. The infringements flagged by the regulator, are serious and they criticize the lack of timely and compliant financial statements by the company. The tribal gaming regulator has said that has flagged what it considers to be multiple offenses committed by the Apache Tribe of Oklahoma dating back to 2013 and that have to do with the annual audits of gaming operations and the Gaming Regulatory Act (IGRA).
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