Distributed Gaming definition

Distributed Gaming means the ownership, solicitation, procurement, placement, operation, service, and maintenance of a restricted number of regulated gaming devices placed in any retail location that is operated by an unaffiliated third party, including truckstops, gas stations, convenience stores, grocery stores, liquor stores, bars, taverns, restaurants, fraternal organizations, or veterans organizations; provided, that, “Distributed Gaming” shall not include the other gaming and hospitality businesses and operations currently operated or conducted by Parent, Seller and/or any of their respective Subsidiaries (other than the Business), and such other gaming and hospitality businesses and operations of Parent, Seller and/or any of their respective Subsidiaries shall not be deemed to be competitive with Distributed Gaming, and, in no event shall any of Parent’s, Seller’s and/or any of their respective Subsidiaries’ continued operation of such businesses be a breach of this Agreement.
Distributed Gaming means video gaming, route gaming or any other gaming that is substantially similar to “distributed gaming” within the meaning of the Illinois Gaming Act or the applicable law of any other jurisdiction which the Company operates in at the relevant time.

Examples of Distributed Gaming in a sentence

  • The Employee shall serve as Senior Vice President, Distributed Gaming of the Company.

  • The knowhow and goodwill of Parent and Seller developed or usable for Distributed Gaming is included in the Group Companies that J&J is purchasing through its purchase of the Purchased Equity, and the Parties all acknowledge and agree that such goodwill is expected to have a useful commercial value for the span of the Non-competition Period.

  • The knowhow and goodwill of Parent and Seller developed or usable for Distributed Gaming is included in the Company that J&J is purchasing through its purchase of the Purchased Equity, and the Parties all acknowledge and agree that such goodwill is expected to have a useful commercial value for the span of the Non-competition Period.