68 IAC 15-5-5
68 IAC 15-5-5 Tournament receipts
Cite as Ind. Admin. Code tit. 68, r. 15-5-5
Sec. 5. The casino licensee shall compute the net tournament receipts to be used in arriving at the daily adjusted gross receipts in the
following manner:
(1) Add the total receipts from tournaments.
(2) Deduct tournament payouts, including prizes at their historical cost basis.
The casino licensee may not take a deduction for net tournament receipts if the computation results in a negative number.