{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/924/10/#sec-99-sec-materials","source":"FASB Accounting Standards Codification, Basic View","usage":"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.","topic":"924","topic_title":"Entertainment—Casinos","subtopic":"924-10","subtopic_title":"Overall","section":{"number":"S99","label":"SEC 99 SEC Materials","anchor":"sec-99-sec-materials","is_sec":true,"groups":[{"block":null,"heading":"SEC Staff Guidance","paragraphs":[{"citation":"924-10-S99-1","para":"S99-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following is the text of SAB Topic 11.L, Income Statement Presentation Of Casino-Hotels.<ul class=\"ul simple\" id=\"d3e499484-122856__GUID-18DDB77E-6FC7-4716-860C-26351ED18262\"><li class=\"li\" id=\"d3e499484-122856__SL6329284-122856\"><div class=\"p\"><span class=\"sfragment\" id=\"sfr_DE3968A9-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Facts: Registrants having casino-hotel operations present separately within the income statement amounts of revenue attributable to casino, hotel and restaurant operations, respectively. </span></span></div></li><li class=\"li\" id=\"d3e499484-122856__SL6329285-122856\"><div class=\"p\"><span class=\"sfragment\" id=\"sfr_DE396A32-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Question: What is the appropriate income statement presentation of expenses attributable to casino-hotel activities? </span></span></div></li><li class=\"li\" id=\"d3e499484-122856__SL6329286-122856\"><div class=\"p\"><span class=\"sfragment\" id=\"sfr_DE396B89-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Interpretive Response: The staff believes that the expenses attributable to each of the separate revenue producing activities of casino, hotel and restaurant operations should be separately presented on the face of the income statement. Such a presentation is consistent with the general reporting format for income statement presentation under Regulation S-X (Rules 5-03.1 and 5-03.2) which requires presentation of amounts of revenues and related costs and expenses applicable to major revenue providing activities. This detailed presentation affords an analysis of the relative contribution to operating profits of each of the revenue producing activities of a typical casino-hotel operation. </span></span></div></li></ul></div></div>","snippet":"The following is the text of SAB Topic 11.L, Income Statement Presentation Of Casino-Hotels.\nFacts: Registrants having casino-hotel operations present separately within the income statement amounts of revenue attributabl…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:947879c2809dbc68e01f4cd726ef4030621bfac05099da56a5311a46f823dcca","downloaded_from":"2026-09-10T02:11:22.837Z","last_downloaded_at":"2026-09-10T02:11:22.837Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479941","source_sha256":"40740ddadd58cbffbcd53723548a79936ddc9eeba12b53c4a9946202585969c0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4347865b0ffec472e3ceb6ace0ed472365aa7ecd12e90eda216e5fc9ec485e98","downloaded_from":"2026-09-10T02:11:22.837Z","last_downloaded_at":"2026-09-10T02:11:22.837Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479941","source_sha256":"40740ddadd58cbffbcd53723548a79936ddc9eeba12b53c4a9946202585969c0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:58689d7fd1f31ae90b6a864801aecfe0a208853a76d2d9fc7d2a2d4bad37635f","downloaded_from":"2026-09-10T02:11:22.837Z","last_downloaded_at":"2026-09-10T02:11:22.837Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479941","source_sha256":"40740ddadd58cbffbcd53723548a79936ddc9eeba12b53c4a9946202585969c0"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:58689d7fd1f31ae90b6a864801aecfe0a208853a76d2d9fc7d2a2d4bad37635f","downloaded_from":"2026-09-10T02:11:22.837Z","last_downloaded_at":"2026-09-10T02:11:22.837Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479941","source_sha256":"40740ddadd58cbffbcd53723548a79936ddc9eeba12b53c4a9946202585969c0"}}