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25 CFR 502.16

§ 502.16 Net revenues.

United States · 25 CFR — Indians · Status: effective

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25 CFR 502.16, § 502.16 Net revenues, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/107301
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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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.