230-09-007  <<  230-09-010 >>   230-09-015

Ten thousand dollars net receipts limit.

(1) The calendar year net receipt limits of RCW 9.46.0233 apply to all FRE licensees. Net receipts are all wagers and bets received minus money used to purchase prizes and pay out cash prizes.
(2) Any licensees exceeding the calendar year net receipt limit must distribute excess net receipts within thirty days to another bona fide charitable or nonprofit organization that either:
(a) We license; or
(b) Meets the criteria set forth in RCW 9.46.0209.
[Statutory Authority: RCW 9.46.070. WSR 06-22-051 (Order 604), ยง 230-09-010, filed 10/27/06, effective 1/1/08.]
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