Wash. Admin. Code § 230-05-114 – Defining "net win." | Midpage

Collections
Washington Administrative Code (WAC)

230-05-114

Wash. Admin. Code § 230-05-114

Defining "net win."

Effective May 1, 2018WSR 18-05-026RCW 9.46.070GAMBLING COMMISSION

"Net win" means gross wagers received from gambling activities or fund-raising events minus the:

(1) Amount paid to players for winning wagers; and
(2) Accrual of prizes for progressive jackpot contests; and
(3) Repayment of amounts used to seed guaranteed progressive jackpot prizes.

[Statutory Authority: RCW 9.46.070. WSR 18-05-026, § 230-05-114, filed 2/9/18, effective 5/1/18.]