WAC 230-09-010
Ten thousand dollars net receipts limit. (1) The calendar year net receipt limits of RCW 9.46.0233
apply to all FRE licensees. Net receipts are all wagers and
bets received minus money used to purchase prizes and pay out
cash prizes.
(2) Any licensees exceeding the calendar year net receipt
limit must distribute excess net receipts within thirty days
to another bona fide charitable or nonprofit organization that
either:
(a) We license; or
(b) Meets the criteria set forth in RCW 9.46.0209.
[Statutory Authority: RCW 9.46.070. 06-22-051 (Order 604), §
230-09-010, filed 10/27/06, effective 1/1/08.]