25 C.F.R. § 502.16

Net revenues.

Last amended: 2016Year: 2025Length: 57 wordsSubsections: 2Official source

Cite as 25 C.F.R. § 502.16 (2025)

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. [74 FR 36932, July 27, 2009]
25 C.F.R. § 502.16: Net revenues. | Justis AI