Gaming Tax definition

Gaming Tax means, for any given period, any taxes, fees, assessments or levy assessed based on internet gaming gross revenues or wagering as specified in the state or federal Laws imposed by any federal, state, local or foreign government or political subdivision thereof which are based on wagering or gross gaming revenues from time to time; and (B) “Federal Sports Wagering Excise Tax” means the federal excise tax imposed upon sports wagering (or the tax rate currently in effect) and/or any replacement tax.
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Gaming Tax means any gaming duties, taxes, levies, imports or other similar charges applicable to the online RNG based casino and legally and validly payable by the Licensee or the Sub-Licensee to any Competent Authority resulting from applicable laws and regulations in any regulated market the Licensee and/or Sub-licensee is licensed to operate;
Sample 1
Gaming Tax means, for any given period, any taxes, fees, assessments or levies assessed based on Internet gaming gross revenues or wagering as specified in the Gaming Law imposed by any Governmental Entity which are based on wagering or gross gaming revenues from time to time, which includes, without limitation, as applicable, (i) taxes attributable to Online Casino Games; (ii) any replacement or additional tax or other charge in lieu thereof or in lieu of an increase thereof.
Sample 1

Examples of Gaming Tax in a sentence

  • The Group’s non-gaming profits remain subject to the Macau Complementary Tax and its casino winnings remain subject to the Macau Special Gaming Tax and other levies in accordance with its Concession Agreement.

  • Save as otherwise agreed by the Intercreditor Agent, the Company shall only be entitled to withdraw moneys from the Special Gaming Tax Account to pay special gambling tax as and when it falls due.

  • As used in this Agreement, "City Tax Revenue" shall mean the total revenue received by the City from the Gaming Tax.

  • As used herein the term "Admission Tax" refers to one type of Gaming Tax and refers to the tax imposed by section 313.820, X.X.Xx.

  • All adjustments to the Gaming Tax adjustment account shall be paid within ninety (90) days after the Gaming Tax has been paid to the government.

  • The Parties acknowledge that the Korean Government will levy an impost for contributions to the government’s “Tourism Promotion and Development Fund”/betting duty and/or tax on the gross win of the VIP room as stipulated by the Korean Government from time to time (“Gaming Tax”), and GIA represents that the Gaming Tax rate currently does not exceed ten percent (10%) per annum.

  • The Company shall, for each calendar month beginning on or after the Original Project Opening Date, pay into the Special Gaming Tax Account the amount of special gambling tax payable for such calendar month in accordance with article 50 of the Concession Contract and applicable Legal Requirements immediately prior to the date on which such tax is due and payable.

  • Should the Concessionaire not pay the Special Gaming Tax which is payable to the Concession Licensor according to the law and the provisions of this Concession Contract, then irrespective of whether there is any judiciary decision before, the Government may draw the first demand mentioned in Clause 1.

  • The Group’s non- gaming profits remain subject to the Macau Complementary Tax and its casino winnings remain subject to the Macau Special Gaming Tax and other levies in accordance with its Concession Agreement.

  • Infrastructure Project), 5%, 9/01/2028 1,200,000 1,374,869 Mississippi Development Bank Special Obligation (Municipal Energy Agency Power Supply Project), “A”, AGM, 5%, 3/01/2023 1,000,000 1,019,469 Mississippi Gaming Tax Rev., “A”, 5%, 10/15/2024 750,000 798,289 Mississippi Gaming Tax Rev., “A”, 5%, 10/15/2028 1,400,000 1,606,832 Mississippi Hospital Equipment & Facilities Authority Rev.


More Definitions of Gaming Tax

Gaming Tax means, for any given period, any taxes, fees, assessments or levy assessed based on Internet gaming gross revenues or wagering as specified in the NJ Gaming Law or pursuant to federal Laws imposed by any Governmental Entity which are based on wagering or gross gaming revenues from time to time, which includes, without limitation, as applicable, (i) a fifteen percent (15%) tax on Internet gaming gross revenues (or the tax rate currently in effect); (ii) the alternative investment tax (at a rate as may be applicable to GN from time to time); (iii) taxes payable by GN which are attributable to Gross Gaming Revenue or wagering of GNOG, including without limitation, (1) GNOG’s pro-rata share of the extra industry payment required pursuant to New Jersey P.L. 2016, Chapter 5, C.52:27BBBB-21 (as determined based on the portion represented by Gross Gaming Revenue of the aggregate amount in respect of which GN is required to make such payment), as may be increased or decreased from time to time, to the extent determined by or attributable to the gross gaming revenue of each casino licensee and (2) GNOG’s pro-rata share of any portion of the payment commonly known at the “PILOT” to the extent determined by or attributable to the gross gaming revenue of each casino licensee pursuant to New Jersey P.L. 2016, Chapter 5, C.52:27BBBB-20 (as determined based on the portion represented by Gross Gaming Revenue of the aggregate amount in respect of which GN is required to make such payment), as may be increased or decreased from time to time; (iv) a thirteen percent (13%) tax on Online Sports Wagering gross gaming revenues (or the tax rate currently in effect); (v) the Federal Sports Wagering Excise Tax; and (vi) any replacement or additional tax or other charge in lieu thereof or in lieu of an increase thereof.
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Related to Gaming Tax

  • Gaming Laws means all applicable constitutions, treaties, laws, rates, regulations and orders and statutes pursuant to which any Gaming Authority possesses regulatory, licensing or permit authority over gaming, gambling or casino activities and all rules, rulings, orders, ordinances, regulations of any Gaming Authority applicable to the gambling, casino, gaming businesses or activities of Owner or any of its subsidiaries in any jurisdiction, as in effect from time to time, including the policies, interpretations and administration thereof by the Gaming Authorities.

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

  • National Housing Act means the National Housing Act (Canada), a federal law that promotes the construction of new houses and the repair and modernization of existing houses. CMHC provides mortgage default insurance under this law.

  • Gaming Law means any federal, state, local, international, foreign or other law, statute, constitutional provision, regulation, rule, order, ordinance, enforcement requirement or interpretation pursuant to which any Gaming Authority possesses or asserts legal, regulatory or licensing authority over gaming and/or related activities.

  • Liquor Laws means all applicable federal, state and local statutes, laws, rules and regulations pursuant to which Liquor Authorities possess regulatory, licensing or permit authority over the sale, distribution and possession of alcoholic beverages.

  • Gaming License means every finding of suitability, registration, license, franchise or other finding of suitability, registration, approval or authorization required to own, lease, operate or otherwise conduct or manage riverboat, dockside or land-based gaming activities in any state or jurisdiction in which the Company or any of its Subsidiaries conducts business and all applicable liquor licenses.

  • Gaming Licenses means all licenses, permits, approvals, authorizations, certificates, registrations, findings of suitability, franchises and entitlements issued by any Gaming Authority necessary for or relating to the conduct of Gaming or Gaming activities or operations or the ownership of an interest in an entity that conducts Gaming or Gaming activities or operations.

  • Nevada Gaming Authorities means, collectively, the Nevada Gaming Commission, the Nevada State Gaming Control Board, and the Xxxxx County Liquor and Gaming Licensing Board.

  • Gaming Authorities means any foreign, federal, state or local governmental entity or authority, or any department, commission, board, bureau, agency, court or instrumentality thereof, regulating gaming activities or related activities.

  • 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.

  • Liquor Act means the Liquor Act 2007 and any regulation made under the Liquor Act 2007. Any reference to a provision of the Liquor Act includes a reference to the same or similar provision in any legislation replacing, amending or modifying the Liquor Act however that provision may be amended in that legislation.

  • Sanctions Laws and Regulations means any sanctions, prohibitions or requirements imposed by any executive order (an “Executive Order”) or by any sanctions program administered by OFAC.

  • the Companies Act means the Companies Act 1981 of Bermuda as may from time to time be amended;

  • Banking Act means the UK Banking Act 2009, as amended.

  • 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.

  • Federal Cannabis Laws means any U.S. federal laws, civil, criminal or otherwise, as such relate, either directly or indirectly, to the cultivation, harvesting, production, distribution, sale and possession of cannabis, marijuana or related substances or products containing or relating to the same, including, without limitation, the prohibition on drug trafficking under 21 U.S.C. § 841(a), et seq., the conspiracy statute under 18 U.S.C. § 846, the bar against aiding and abetting the conduct of an offense under 18 U.S.C. § 2, the bar against misprision of a felony (concealing another’s felonious conduct) under 18 U.S.C. § 4, the bar against being an accessory after the fact to criminal conduct under 18 U.S.C. § 3, and federal money laundering statutes under 18 U.S.C. §§ 1956, 1957, and 1960 and the regulations and rules promulgated under any of the foregoing.

  • Gaming Authority means those national, state, local and other governmental, regulatory and administrative authorities, agencies, boards, commissions and officials responsible for or involved in the regulation and control of Gaming or Gaming activities or operations in any jurisdiction.

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • Tribal or “Tribe” shall mean the Oneida Tribe of Indians of Wisconsin.

  • Sanctions Laws means all U.S. and non-U.S. Laws relating to economic or trade sanctions, including the Laws administered or enforced by the United States (including by the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) or the U.S. Department of State), the United Nations Security Council, and the European Union.

  • Gaming Approvals means all Permits and Approvals issued by any Gaming Authority or under Gaming Laws necessary for or relating to the conduct of gaming and related activities or the manufacture, distribution, service or sale of alcoholic beverages, the ownership or the operation, management and development of any gaming operations, and, in the case of the Company, including the ownership, operation, management and development of the business of the Company and its Subsidiaries, and, in the case of the Acquirors, including the ownership, operation, management and development of the business of the Acquirors and its Subsidiaries.

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