Gaming Entities Revenue Recognition Task Force 

    AICPA Revenue Recognition Task Forces are charged with developing revenue recognition implementation issues that will provide helpful hints and illustrative examples for how to apply the new Revenue Recognition Standard.

    Task Force Members:

    • Karl Brunner, Deloitte & Touche LLP (Chair)
    • Frank Albarella, KPMG LLP
    • Rick Arpin, MGM Resorts International
    • Chris Benak, Tropicana Entertainment, Inc.
    • Bruce Bleakman, REDW LLC
    • Tom Haas, American Casino & Entertainment Properties, LLC
    • Kevin Karo, BDO USA LLP
    • Richard Lobdell, Osage Casinos
    • Sam Marcozzi, Grant Thornton LLP
    • Anthony D. McDuffie, Boyd Gaming Corporation
    • John Page, PricewaterhouseCoopers LLP
    • Patrick Pruitt, Ernst & Young LLP
    • Sandra Schulze, International Gaming Technology
    • Mike Winterscheidt, Caesars Entertainment
    Staff Contact: Renee Rampulla,


    Below is a list of potential revenue recognition implementation issues identified by the Gaming Entities Revenue Recognition Task Force. The list will be updated as the task force continues it discussions. Full revenue recognition implementation issues will be posted below for informal comments after review by the AICPA Financial Reporting Executive Committee (FinREC).

    Issue # Description of Implementation Issue
    1 The terms “win” and gross gaming revenue. This implementation issue discusses considerations for gaming entities in applying ASC 606 and determining how to recognize and report revenue or losses from gaming transactions.
    2 Net gaming revenue
    3 Promotional Allowances
    4 Accounting for base and incremental progressive jackpots amounts
    5 Wide Area Progressive operators’ accounting for base progressive and incremental progressive jackpots amounts
    6 Wide Area Progressive operators’ fees received from gaming entities
    7 Participation and Similar Arrangements
    8 Loyalty and Other Incentive Programs
    9 Managing Properties for Third Parties
    10 Accounting for Jackpot Insurance Premiums and Recoveries
    11 Accounting for Gaming Chips and Tokens
    12 Accounting for Racetrack Fees
    13 Illustrative Financial Statements


    Draft Revenue Recognition Implementation Issues included for informal comment, when available, will be listed below.

    Respondents should submit any comments including the implementation issue number to by the dates noted below:

    Issue # Comment Due Date

    The Gaming Entities Revenue Recognition Task Force recommends the following AICPA products for current revenue recognition issues:

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