Examples of gross gaming revenue (GGR) in a sentence
There are no stockholder agreements, voting trusts or other agreements or understandings to which the Company is a party or by which it is bound relating to the voting of any securities of the Company, other than (1) as set forth in the SEC Documents and (2) as contemplated by the Transaction Agreement.
Grey market preventionThe STS Group, as a entity legally operating in Poland, takes all measures possible for the Group to counteract the grey market, which in Poland was estimated to be worth over PLN 1 billion in 2020 based on gross gaming revenue (GGR) (according to EY’s study Szara Strefa Na Rynku Hazardowym Online w Polsce (“The Grey Online Gambling Market in Poland”).
According to the Gaming Inspection and Coordination Bureau, by April 2018, Macau had achieved 21 consecutive months of year-on-year gross gaming revenue (GGR) growth.
The draft outline of the STAP guidance document will be delivered to the GEF Secretariat in February 2016 with the goal of finalizing the report for Council in June 2016.
In terms of license conditions, licensees are expected to contribute a certain percentage of their gross gaming revenue (GGR) by implementing sustainable CSI projects in the areas within which they operate.
When looking at the gross gaming revenue (GGR) of the licensed bingo operators that have introduced electronic bingo terminals, one can notice that the figures shot up from R7 501 363 at the last quarter of the 2005/2006 financial year to R12 908 763 at the beginning of the 2006/2007 financial year which was when the first electronic bingo terminals were licensed.
The amount of any write-down of inventories to net realisable value and all losses of inventories are recognised as an expense in the period the write-down or loss occurs.Sports betting gambling leviesThe provincial gambling levies are payable to the Western Cape Gambling and Racing Board by Grand Sport and are based on the weekly gross gaming revenue (GGR) generated by sports betting activities.
Net gaming revenue is the revenue an operator earns after deducting all regional and federal taxes and promotional activity offered by the operator from gross gaming revenue (GGR).
From the outside, there seems to be strong political consensus, and if the proposed tax rate of 18% on gross gaming revenue (GGR) is adopted, LeoVegas will find it of interest to participate in the licensing process.However, we would rather see a tax rate of 15% – like in the UK – and that lottery products are included in the licensing system.
The tax is withheld by the gaming operator.Tax on gambling and conce ssion fee (davek od iger na srečo): are levied on the gross gaming revenue (GGR) of an operator of games of chance.