Regulations last checked for updates: May 17, 2024

Title 25 - Indians last revised: Mar 22, 2024
§ 502.16 - Net revenues.

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]
authority: 25 U.S.C. 2701
source: 57 FR 12392, Apr. 9, 1992, unless otherwise noted.
cite as: 25 CFR 502.16