Definitions

As used in this chapter, unless the context otherwise requires:

1. “ Gross revenue ” means the amount of the commission received by a licensee that is deducted from off-track pari-mutuel wagering, plus breakage and the face amount of unpaid winning tickets that remain unpaid for a period specified by the Nevada Gaming Commission.

2. “ Off-track pari-mutuel system ” means a computerized system, or component of such a system, that is used with regard to a pari-mutuel pool to transmit information such as amounts wagered, odds and payoffs on races, sporting events or other events.

3. “ Off-track pari-mutuel wagering ” means any pari-mutuel system of wagering approved by the Nevada Gaming Commission for the acceptance of wagers on: (a) Horse or dog races which take place outside of this state; (b) Sporting events; or (c) Other events.

4. “ Operator of a system ” means a person engaged in providing an off-track pari-mutuel system.

5. “ Pari-mutuel system of wagering ” means any system whereby wagers with respect to the outcome of a race, sporting event or other event are placed in a wagering pool conducted by a person licensed or otherwise permitted to do so under state law, and in which the participants are wagering with each other and not against that person. The term includes off-track pari-mutuel wagering.