# ASC 720-924-05: Other Expenses — Entertainment—Casinos — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/720/924/#05-overview-and-background)

Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T01:09:57.559Z to 2026-09-10T01:09:57.559Z

Record version: sha256:e1298efe4bd782ee9a96c7e814633713b775b6b174a55fa3ed4e9113f7ff67d1

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 720-924-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/720/924/#05-overview-and-background)

SEC content: no

##### [720-924-05-1](https://asc.understandingaccounting.org/asc/720/924/#720-924-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:09:57.559Z to 2026-09-10T01:09:57.559Z

Record version: sha256:0d2b5960a8af1a41acf191e14f7013fee3914169243f982699c46c5203a84154

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


This Subtopic addresses the accounting and reporting for the cost of promotional allowances provided by a casino entity to a customer.
