Definitions

As used in this chapter, unless the context otherwise requires: 1. “Board” means the Nevada Gaming Control Board. 2. “Commission” means the Nevada Gaming Commission. 3. “Gross revenue” means the amount of the commission received by a licensed book that is deducted from off-track pari-mutuel wagering, plus breakage and the face amount of unpaid winning tickets that remain unpaid for a period specified by the Commission. 4. “Licensed book” means a race book or sports pool licensed to operate, carry on, conduct or maintain any form of wagering under a pari-mutuel system of wagering pursuant to this chapter. 5. “Off-track pari-mutuel system” means a computerized system, or component of such a system, that is used with regard to a pari-mutuel pool to transmit information such as amounts wagered, odds and payoffs on races, sporting events or other events. 6. “Off-track pari-mutuel wagering” means any pari-mutuel system of wagering approved by the Commission for the acceptance of wagers on: (a) Horse or dog races which take place outside of this state; (b) Sporting events; or (c) Other events. 7. “Operator of a system” means a person engaged in providing an off-track pari-mutuel system. An operator of a system shall be deemed a service provider as set forth in NRS 463.677 and is subject to any applicable regulations adopted by the Commission. 8. “Pari-mutuel system of wagering” means any system whereby wagers with respect to the outcome of a race, sporting event or other event are placed in a wagering pool conducted by a person licensed or otherwise permitted to do so under state law, and in which the participants are wagering with each other and not against that person. The term includes off-track pari-mutuel wagering.