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WAC 230-06-165

Defining "net gambling income."

(1) "Net gambling income" means net gambling receipts minus all other expenses related to the operation of a licensed activity paid out during the same reporting period.
(2) Expenses must be reported on the accrual basis if the records are normally maintained on that basis.
[Statutory Authority: RCW 9.46.070. WSR 08-20-007 (Order 630), ยง 230-06-165, filed 9/18/08, effective 1/1/09.]
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