502.16—Net revenues.

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.

Code of Federal Regulations

[74 FR 36932, July 27, 2009]

CFR

502.16—Net revenues.

Code of Federal Regulations