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WAC 230-05-114

Defining "net win."

"Net win" means gross wagers received from gambling activities or fund-raising events minus the:
(1) Amount paid to players for winning wagers; and
(2) Accrual of prizes for progressive jackpot contests; and
(3) Repayment of amounts used to seed guaranteed progressive jackpot prizes.
[Statutory Authority: RCW 9.46.070. WSR 18-05-026, ยง 230-05-114, filed 2/9/18, effective 5/1/18.]
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