Gross Gaming Revenue definition

Gross Gaming Revenue means the total of all sums, including cheques and other negotiable instruments whether collected or not, received in any period by the Company from the conduct or playing of games within the Temporary Casino or the Melbourne Casino (as the case may be) less the total of all sums paid out as winnings during that period in respect of such conduct or playing of games;

Gross Gaming Revenue. (GGR) means the total amount of

Gross Gaming Revenue means the total of all sums, including cheques and other negotiable instruments whether collected or not, received in any period by Crown from the conduct or playing of games within the Temporary Casino or the Melbourne Casino (as the case may be) less the total of all sums paid out as winnings during that period in respect of such conduct or playing of games.

Examples of Gross Gaming Revenue in a sentence

• The Base Percentage Rent and/or Secondary Percentage Rent with respect to a month shall be paid within five (5) days after Lessee files its report of Gross Gaming Revenue for such month with the Mississippi State Tax Commission.

• Purchaser shall include a copy of the statements sent to the Mississippi Gaming Commission setting forth Gross Gaming Revenue for each of the months included.

• I propose to increase gaming tax from 15 percent to 20 percent on Gross Gaming Revenue for Forty Machines.

• Offerors are required to quote the Baseline pricing as a percentage of Gross Gaming Revenue (Centralized Games) and Gross Sales (Decentralized Games) through the iLottery System over the entire Contract base period.

• Commencing on the Casino Opening Date, Tenant shall make payments to the City (the "City Payments") in the amount of One Million Two Hundred Fifty Thousand Dollars ($1,250,000) for each Fiscal Year during the Term in which Gross Gaming Revenue is in the amount of Three Hundred Fifty Million Dollars ($350,000,000) or more.

More Definitions of Gross Gaming Revenue

Gross Gaming Revenue. (GGR) means the total amount of revenue raised through casino gaming, including revenue from sports pool operations, from all of the casino gaming properties located in Atlantic City as determined by the division for calendar years 2014 through 2020. For the purpose of determining the amount of the payment in lieu of taxes pursuant to this section, gross gaming revenue shall not include revenue derived from Internet casino gaming and Internet sports wagering during calendar years 2021 through 2026 as determined by the division;

Gross Gaming Revenue or “GGR” means gross sales less winnings paid to players;

Gross Gaming Revenue means, for each Monthly Period, the total amount of real money wagers staked by the Referred Players on the Gaming Site less monies paid out to those Referred Players as winnings.

Gross Gaming Revenue or “Win” shall mean the net win from Gaming activities which is the difference between Gaming wins and losses before deducting costs and expenses, determined in accordance with GAAP consistently applied.

Gross Gaming Revenue means collective amount of wagering or staking placed by players minus the collective amount of winnings paid out to players;”.

Gross Gaming Revenue means the win from Gaming Activities, which is the difference between Gaming Device gaming wins and losses before deducting costs and expenses or deducting incentives or adjusting for changes in progressive jackpot liability accruals. Generally, this is the difference between patron xxxxxx and the payouts made on winning xxxxxx and does not include free play. Free play is promotional credits given to patrons for marketing purposes. Free play is not revenue but increases coin-in for Gaming Devices and provides cashable benefits in the event the player wins. Free play is distinguishable from players’ points or other loyalty programs in that it is not tangible if not used for play and a patron cannot redeem free play for cash or merchandise. If free play is not used within a specified period of time it usually expires and is voided.

Gross Gaming Revenue means net win from Gaming activities, to be recorded on an accrual basis, and is defined as the difference between Gaming wins and losses before deducting costs and expenses—reduced by jackpot accruals, customer discounts, accruals for certain loyalty program costs, and certain other adjustments. All such adjustments shall be in accordance with the requirements of GAAP and the American Institute of Certified Public Accountant’s then-current version of the Audit and Accounting Guide for Casinos.