Net Win definition

Net Win means the gross revenue from Class III Gaming Devices (“drop”) less all prizes and payouts that are directly related to the amount wagered, fills, xxxxxx adjustments, and “participation fees” as defined herein. “Participation fees” is defined as payments made to Gaming Resource Suppliers on a periodic basis by the Tribe’s Gaming Operation for the right to lease or otherwise license for play Class III Gaming Devices that the Tribe does not own and that are not generally available for outright purchase by gaming operators.

Net Win means drop from Gaming Devices, plus the redemption value of expired tickets, less fills, less payouts, less that portion of the Gaming Operation’s payments to a third-party wide-area progressive jackpot system provider that is contributed only to the progressive jackpot amount.

Net Win means "net win" as defined by American Institute of Certified Public Accountants.

Examples of Net Win in a sentence

• The payments in subdivision (b)(ii) shall be determined in accordance with subdivision (d) below and shall be based on the Net Win generated during the immediately preceding quarter.

• If the State Gaming Agency determines that the Net Win is understated or the deductions overstated, it will promptly notify the Tribe and provide a copy of the State Gaming Agency’s audit.

• The State Gaming Agency shall have access to all records deemed necessary by the State Gaming Agency to verify the calculations in subdivision (b) and, if applicable, the Net Win calculations, including access to the Gaming Device accounting systems and server-based systems and software, and to the data contained therein on a read only basis.

• All travel expenses or requests for reimbursement must be approved by the Key Club International director.

• The Management Allowance shall be the amount equal to two percent (2%) Mass Market Net Win and VIP Net Win.

More Definitions of Net Win

Net Win means the amount wagered at an Indian gaming facility, less the amount paid out in winnings at the Indian gaming facility.

Net Win means the gross revenue ("drop") less all prizes and payouts, fills, hopper adjustments and participation fees, and each semiannual payment shall be calculated by multiplying the average net win per

Net Win means the AICPA Casino Audit Guide's definition of"Gross Gaming Revenue" applicable at the time of calculation.

Net Win means gross wagers received from gambling activities

Net Win means gross gaming revenue for Class III

Net Win means the total amount wagered on each electronic game of chance, minus the total amount paid to players for winning wagers at such machines.

Net Win means the gross revenue ("drop") less all prizes and payouts, fills, hopper adjustments and participation fees, and each semiannual payment shall be