VIP Gaming Room definition

VIP Gaming Room means the high-end, exclusive gaming room in the Casino that has been newly constructed by GIA at its own cost to meet the layout and fit-out standards of Doowell and that will be exclusively promoted by Doowell pursuant to this Agreement to service the VIP players sourced and brought to the Casino by Doowell. The VIP Gaming Room will have from four (4) to six (6) gaming tables dedicated to baccarat only; provided, however, that the parties may mutually agree in writing to change either or both of (a) the number of tables or (b) the type of table games played, in order to address competitive developments in the local gaming market.
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Examples of VIP Gaming Room in a sentence

  • The Parties shall cooperate closely to install and operate a telephone betting system in the VIP Gaming Room to the extent permitted under all applicable laws and regulations.

  • GIA shall provide to Doowell the exclusive right to provide VIP gaming promotion in the VIP Gaming Room, and Doowell shall pay to GIA for its exclusive right a monthly fee of Korean Won One Hundred Thousand (KRW 100,000) (“Fee”).

  • Doowell shall be entitled to a monthly promotion fee equal to Hong Kong Dollars Seven Hundred Thousand (HK $700,000) (“Doowell Promotion Fee”) for its role as the promoter of the VIP Gaming Room.

  • Doowell shall keep in its counting room Rolling Chips equal to at least Hong Kong Dollars Five Million (HK $5,000,000) for each VIP Gaming Room.

  • Doowell may establish the limits for each gaming table within its VIP Gaming Room subject to GIA’S reasonable approval.

  • All ▇▇▇▇▇▇ placed over the telephone in the VIP Gaming Room shall be calculated identically with ▇▇▇▇▇▇ placed in person in the VIP Gaming Room, and the Profit Split therefrom shall be determined pursuant to Article 3.6 below.

  • The ▇▇▇▇▇▇▇▇ Management Fee shall not be treated as an operating expense of the VIP Gaming Room nor as a deduction in calculating the Net Win as per Exhibit 2.

  • The Parties agree that the net win from the operation of the VIP Rooms will be split 40% to Doowell in return for its promotion of the VIP Gaming Room and 60% to GIA as per Exhibit 2, and shall be paid by the second (2nd) day of the following month (or on the next business day if the second day falls on a weekend or holiday).

  • GIA shall bear the cost of lay-out and fit-out for the VIP Gaming Room; and legal title to all of the furniture, fixtures and equipment in the VIP Gaming Room shall belong to GIA.

  • All VIP guests of Doowell may use Cash Chips on any gaming table in the Casino and may use Rolling Chips only on those designated gaming tables in the VIP Gaming Room.

Related to VIP Gaming Room

  • Gaming Facility means any gaming establishment, facility and other property or assets ancillary or related thereto or used in connection therewith, including, without limitation, any casinos, hotels, resorts, theaters, parking facilities, timeshare operations, retail shops, restaurants, other buildings, land, golf courses and other recreation and entertainment facilities, marinas, vessels and related equipment.

  • Gaming Operation means the conduct of authorized casino gaming within a casino gaming

  • Gaming Equipment means any and all gaming devices, gaming device parts inventory and other related gaming equipment and supplies used in connection with the operation of a casino, including (without limitation), slot machines, gaming tables, cards, dice, chips, tokens, player tracking systems, cashless wagering systems, electronic betting systems, mobile gaming systems and associated equipment which are located at the Casino Components, owned or leased by Operating Company or Mortgage Borrower and used or useable exclusively in the present or future operation of slot machines and live games at the Casino Component, together with all improvements and/or additions thereto.

  • Gaming device means any equipment or mechanical, electromechanical, or

  • Gaming means that term as defined in section 2 of the Michigan gaming control and revenue act, 1996 IL 1, MCL 432.202.