Gross Gaming Yield definition
Gross Gaming Yield means the total amount of all bets or stakes made and the price of all chances sold, less the value of all winnings and prizes due. For illustration, this equates to the total Customer losses to Boylesports as a result of Casino Bets + Sports Bets + Soft Games Bets + Bingo Purchases and any other gaming products offered on the site;
Examples of Gross Gaming Yield in a sentence
Worked Example*: Gross Gaming Yield € 125,000 Less 50% Payment Proceeds (includes chargebacks, tax etc.) € (5,000 ) Net Gaming Revenue € 120,000 Partner Share of Net Gaming Revenue @80% € 96,000 Less Partner promotions / free bets € (10,000 ) Less deductions for Operational Costs € (11,000 ) Final Payment € 75,000 * For illustration purposes only.