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Reply To: Negative Carryover

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#703790
Anonymous
Inactive

Cpays,

No, this doesn’t answer my question. I still don’t understand how the casinos can claim a negative Net Gaming Revenue for the month of August.

Sum of Deposits $0 – Funds Withdrawn $0 – Cash Outs $0 – Amount Pending on Players Account $0 (you said all players lost the free bonus) – Deposits Reversed $0 – Credits given . . . $0 = $0

Nothing from nothing leaves nothing.:rockband:

“the bonuses count as real money given to players.” “All players lost the free bonus.” Therefore, the casinos did not encounter a loss.

I have an accounting background but I’m feeling really inadequate at this point.