Net Gaming Win definition

Net Gaming Win means, for a specific period, Gaming Revenue, plus the Promotional Play Amount for such period, less: (i) the aggregate amount of all paid Winnings; and (ii) the aggregate amount of all cash and Cash Equivalents collected or otherwise received from Players and other customers and validly accrued in respect of the funding of progressive jackpot Charitable Games at a Charitable Gaming Centre, less the aggregate amount of all Winnings previously accrued from progressive jackpot Charitable Games at such Charitable Gaming Centre;
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Net Gaming Win means Gaming Revenue less prizes, plus expired prize liabilities (which include player credits removed after a predetermined expiry date) plus or minus Charitable Gaming Centre adjustments, all as may be calculated by OLG in OLG's sole and unfettered discretion, absent manifest error;
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Net Gaming Win means the total of all cash and property (including checks received and collected) received from the operation of one or more gambling facilities (as the result of gambling activities on the Premises, but excluding all proceeds from admissions revenues), minus the total of all cash paid out to patrons as winnings, with no deductions for taxes or other operating expenses.
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Examples of Net Gaming Win in a sentence

  • OLG shall calculate the Net Gaming Win on a calendar quarter basis.

  • The Authorized Participant shall bear all risk of any loss until the Gold is credited to the Trust Unallocated Account.

  • OLG shall calculate the Adjusted Net Gaming Win on a calendar quarter basis.

  • Commencing on the date SCC closes the purchase of the Rhythm City casino, SCC shall pay 2.165% of its Adjusted Net Gaming Win, defined as adjusted gross receipts (gross receipts less winnings paid to wagerers) less taxes paid under 99F, to the City calculated on a weekly basis and paid monthly (by the 20th day following the end of each month) as a Development Fee.


More Definitions of Net Gaming Win

Net Gaming Win shall have in this Lease the meaning designated in subsection 3(a)(G) above.
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