Sec. 16. "Net Win" means the total amount wagered on each Electronic Game of Chance, minus the total amount paid to players for winning wagers at such Electronic Games of Chance. For purposes of calculating Net Win, the total amount wagered shall not include the value of Promotional Wagers. The total amount of prizes paid to players for winning wagers at each Electronic Game of Chance shall include all prizes, consisting of electronic credits on each Electronic Game of Chance, cash, check, or merchandise from all wagers, including Promotional Wagers. The formula prescribed here for calculating Net Win applies only to the calculation of the payments due under this Compact and is not intended to preclude the Band from otherwise following accepted GAAP and AICPA Guidelines in its general accounting practices in compliance with IGRA and this Compact.
As added by P.L.171-2021, SEC.1.
Structure Indiana Code
Title 4. State Offices and Administration
Article 29.5. Tribal-State Compact With the Pokagon Band of Potawatomi Indians
4-29.5-2-2. "Certificate of Self-Regulation"
4-29.5-2-4. "Class Iii Gaming"
4-29.5-2-6. "Compliance Oversight"
4-29.5-2-7. "Confidential Information"
4-29.5-2-8. "Electronic Game of Chance"
4-29.5-2-9. "Endorsement Date"
4-29.5-2-10. "Fraud or Misrepresentation"
4-29.5-2-12. "Gambling Operation"
4-29.5-2-13. "Gaming Facility"
4-29.5-2-14. "Gaming Official or Employee"
4-29.5-2-19. "Pokagon Band Gaming Regulations"
4-29.5-2-20. "Promotional Wagers"
4-29.5-2-21. "South Bend Site"