Common use of XXXXXX Contributions Clause in Contracts

XXXXXX Contributions. The Tribe agrees to include its gross gaming revenue from poker in its Class III Net Win for the purposes of the calculation and payment of its contributions under the Compact and Appendix I. (1) For each poker game, gross gaming revenue is equal to the amount of compensation charged players for the opportunity to play and Wager on any poker game. It includes rake, time collection, or any other fee the player is required to pay the Gaming Facility Operator for the opportunity to play and Wager against other players. (2) The following shall not be included in the calculation of gross gaming revenue for poker: entry fees or other compensation received by the Gaming Facility Operator for poker tournaments, and prizes paid to winning players as a result of poker tournaments, and free play instrumentalities and match play instrumentalities.

Appears in 1 contract

Samples: Memorandum of Understanding

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