S.D. Admin. R. 20:18:22:01

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:18:22:01 - Definitions

Terms used in this chapter mean:

(1) "Business year," the annual period used by a licensee for internal accounting purposes;

(2) "Fiscal year," the period beginning on July 1 and ending June 30 of the following year;

(3) "Statistical drop," the dollar amount of cash wagered by a patron that is placed in the drop box plus the dollar amount of chips or tokens purchased at a table by a patron;

(4) "Statistical win," the dollar amount won by the licensee through table play;

(5) "Wager," a sum of money or thing of value risked on an uncertain occurrence.

S.D. Admin. R. 20:18:22:01

16 SDR 57, effective 10/1/1989.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-1, 42-7B-2, 42-7B-3, 42-7B-4, 42-7B-5, 42-7B-7, 42-7B-9, 42-7B-11, 42-7B-17, 42-7B-28, 42-7B-29, 42-7B-30, 42-7B-41, 42-7B-43, 42-7B-45.