25 C.F.R. § 502.16

Current through September 30, 2024
Section 502.16 - Net revenues

Net revenues means gross gaming revenues of an Indian gaming operation less-

(a) Amounts paid out as, or paid for, prizes; and
(b) Total gaming-related operating expenses, including all those expenses of the gaming operation commonly known as operating expenses and non-operating expenses consistent with professional accounting pronouncements, excluding management fees.

25 C.F.R. §502.16

74 FR 36932, July 27, 2009