N.H. Admin. Code § Lot 8205.01

Current through Register No. 50, December 12, 2024
Section Lot 8205.01 - Categories of Licensees
(a) For purposes of this part, licensees shall be categorized based on annual gross gaming revenue (GGR during the preceding calendar year as follows:
(1) Category A refers to gaming operations with an annual GGR of $25 million or more;
(2) Category B refers to gaming operations with an annual GGR of more than $10 million, but less than $25 million; and
(3) Category C refers to gaming operations with annual GGR of $10 million or less.
(b) The annual GGR shall be determined as follows:
(1) For game rooms that operated for a full year during the preceding calendar year, annual GG shall be the actual GGR of the preceding calendar year;
(2) For game rooms that did not operate for a full year during the preceding calendar year, the parties year's revenue shall be projected over the course of a full year to determine the appropriate license category; and
(3) For new game rooms that have not begun operation, annual GGR shall be based on the activity of similar game rooms based on size and location.

N.H. Admin. Code § Lot 8205.01

Derived from Volume XLII Number 6, Filed February 10, 2022, Proposed by #13330, Effective 1/22/2022, Expires 1/22/2032.