Net Win definition

Net Win means the gross revenue from Class III Gaming Devices (“drop”) less all prizes and payouts that are directly related to the amount wagered, fills, xxxxxx adjustments, and “participation fees” as defined herein. “Participation fees” is defined as payments made to Gaming Resource Suppliers on a periodic basis by the Tribe’s Gaming Operation for the right to lease or otherwise license for play Class III Gaming Devices that the Tribe does not own and that are not generally available for outright purchase by gaming operators.

Net Win means drop from Gaming Devices, plus the redemption value of expired tickets, less fills, less payouts, less that portion of the Gaming Operation’s payments to a third-party wide-area progressive jackpot system provider that is contributed only to the progressive jackpot amount.

Net Win means the amount wagered at an Indian gaming facility, less the amount paid out in winnings at the Indian gaming facility.

Examples of Net Win in a sentence

• The terms of the amended compact shall limit the Tribe to no more than one thousand five hundred (1,500) Gaming Devices and require it to pay into the Revenue Sharing Trust Fund and Tribal Nation Grant Fund either a specified annual amount, or a percentage of Net Win from Class III Gaming Devices not to exceed two percent (2%) of Net Win from Gaming Devices in excess of three hundred fifty (350).

• In consideration thereof, the Tribe covenants and agrees, subject to the conditions agreed upon in Part XII of this Compact, to make Payments to the State derived from Net Win as set forth in Exhibit A (Payment Schedule).

• Commencing with the establishment of the Federal Trust Land, the Authority shall pay to the City three (3%) percent of Net Win for each period of time beginning on January 1 through and including December 31 (a “Calendar Year”).

• If the sum of the quarterly payments of Net Win under Section 2(A)(1) exceeds the minimum annual payment under Section 2(A)(2), no minimum annual payment shall be made under this Section 2(A)(3).

• From and after the first day of operation of its first Gaming Facility, the Santa Xxxxxx Tribe shall pay five percent (5%) of its Net Win from the operation of Gaming Devices to the California Gambling Control Commission, or such other State entity as may be designated by the Governor, for deposit into the General Fund.

More Definitions of Net Win

Net Win means "net win" as defined by American Institute of Certified Public Accountants.

Net Win means the gross revenue ("drop") less all prizes and payouts, fills, hopper adjustments and participation fees, and each semiannual payment shall be calculated by multiplying the average net win per

Net Win means gross wagers received from gambling activities

Net Win means, for any period, the total amount wagered on Class III Gaming, less total amounts paid out for all customer Class III Gaming winnings, and less total Participation Fees paid to Class III Gaming Contractors so long as the Tribe does not own and could not purchase or lease the same Class III Gaming devices on substantially similar economic terms without paying Participation Fees.

Net Win means the gross revenue (“drop”) less all prizes and payouts, fills, xxxxxx adjustments and participation fees, and each semiannual payment shall be calculated by multiplying the average net win per Gaming Device for the preceding semiannual period specified in subparagraph (i) by the number of Gaming Devices specified in Section 4.3.1, subdivision (a)(i) and (ii). Participation fees shall be defined as payments made to Gaming Resource Suppliers on a periodic basis by the Gaming Operation for the right to lease or otherwise offer for play Gaming Devices.

Net Win means the total amount wagered on each electronic game of chance, minus the total amount paid to players for winning wagers at such machines.

Net Win means the gross revenue ("drop") less all prizes and payouts, fills, hopper adjustments and participation fees, and each semiannual payment shall be