Gross Gaming Revenues definition

Gross Gaming Revenues means the Project's total revenue from Class II and/or Class III Gaming activities (excluding any insurance proceeds received other than business interruption insurance proceeds and insurance proceeds received to reimburse the Project for any claims included, or to be included, as Costs of Gaming Operations).
Gross Gaming Revenues means all of the revenue from the operation of the Casino (which is taxed by the Colorado Gaming Authorities) from all business conducted upon, related to or from the Casino in accordance with generally accepted accounting principles and shall include, but not be limited to, the net win from gaming activities, which is the difference between gaming wins and losses before deducting Gaming Taxes, and plus or minus, as appropriate, deposits made in respect of progressive slot machines and other similar games.
Gross Gaming Revenues means the total of all sums, including cheques and other negotiable instruments, whether collected or not, that is received in any month from the conduct of gaming, less the total of all sums paid out as winnings to casino players during that month in respect of gaming. This is also referred to as "Casino Gross Revenues". For purposes of this definition:

Examples of Gross Gaming Revenues in a sentence

  • Buy-ins and re-buys shall form part of table drop and included in the computation of Gross Gaming Revenues.

  • Gross Gaming Revenues shall be computed for gaming tables used in the tournament.

  • Buy-ins and re-buys credited to the tournament card and wagered by the players shall form part of the slot win/loss computation and must reflect as part of Gross Gaming Revenues.

  • Removal of banned personalities from casino premises 253Regulation 22 – Determination of Gross Gaming Revenues and PAGCOR License Fees for Gaming Tables and other Regulatory FeesSection 1.

  • Winners‘ certificates redeemable for Non-negotiable chips which are awarded to tournament winners shall form part of the Drop and shall form part of Gross Gaming Revenues when wagered by the player.


More Definitions of Gross Gaming Revenues

Gross Gaming Revenues as used herein shall mean the total amount in dollars of Lessee’s actual winnings from gaming operations as reported by Lessee to the Mississippi State Tax Commission or any successor state authority. However, the term “Gross Gaming Revenues” shall not include any payments, receipts or proceeds from the sales of any related operations, goods and products which may be sold for the convenience of Lessee’s customers on the Premises.
Gross Gaming Revenues. (or “GGR”) means the sum of gross stakes of all the Verified and Graded Bets placed within a calendar month, less all Winnings distributed or to be distributed to End Users with respect to such Verified and Graded Bets. For the avoidance of doubt, Gross Gaming Revenue shall be calculated according to any and all of the Verified and Graded Bets, without consideration as to whether such amounts were collected from the End Users.
Gross Gaming Revenues means the total amount of money paid to and retained by a licensee in connection with the operation of authorized Internet poker games under this chapter, before deducting the cost of operating such authorized Internet poker games. Gross gaming revenues shall not include player account deposits, amounts wagered (with the exception of any portion of the amount wagered that is retained by the licensee as permitted by this chapter); discounts on goods or services, rebates or promotional discounts or stakes provided to players, or revenues from non-gaming sources.
Gross Gaming Revenues means gaming revenues derived from the casino forming a part of the Project, in accor- dance with generally accepted accounting principles, consistently applied, i.e., for any applicable period, the amounts retained by such casino in respect of players' wagers, less payments to winning players and all applicable gaming taxes.
Gross Gaming Revenues means the Enterprise's total revenue from Class II Gaming and Class III Gaming activities.
Gross Gaming Revenues means the net win from Gaming activities, which is the difference between gaming wins and losses.