WAC 230-06-160   Defining "net gambling receipts."  "Net gambling receipts" means all gross gambling receipts from any gambling activity minus:

     (1) The value for cash prizes; and

     (2) The actual cost of any merchandise prizes that were awarded.



[Statutory Authority: RCW 9.46.070. 08-20-007 (Order 630), § 230-06-160, filed 9/18/08, effective 1/1/09.]