1. The provisions of subsections 3 and 5 of NRS 464.040 do not apply to persons licensed to conduct off-track pari-mutuel wagering.
2. A licensed gaming establishment is subject to the monthly state license fees and provisions of NRS 463.370 on all gross revenue attributable to the operation of an off-track pari-mutuel system of wagering.
3. In calculating the monthly state license fee imposed by NRS 463.370, a licensee shall not deduct from gross revenue any promotional allowances, including, without limitation, prizes, payments, premiums, drawings, discounts, rebates, bonus payouts, benefits or tickets that are redeemable for money or merchandise.
(Added to NRS by 1983, 1892; A 1987, 635; 1989, 710; 1991, 1080, 2149; 1997, 3509)
Structure Nevada Revised Statutes
Chapter 464 - Pari-Mutuel Wagering
NRS 464.010 - Licenses required.
NRS 464.015 - Fee for issuance or renewal of license; disposition.
NRS 464.040 - Limitations on amount and division of commissions; payment and disposition of taxes.
NRS 464.050 - Place for conducting and public viewing of wagering.
NRS 464.060 - Wagering outside enclosure or licensed establishment prohibited.
NRS 464.070 - Limitation on wager by agent; off-track wagering by agent prohibited.
NRS 464.075 - Altering value of wager for patron prohibited; regulations; exemptions.
NRS 464.080 - Suspension or revocation of license: Hearing; judicial review.