# Nev. Rev. Stat. § 464.005: Definitions

> Nevada · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.005

## Section

- **Citation:** Nev. Rev. Stat. § 464.005
- **Heading:** Definitions
- **Jurisdiction:** Nevada
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NV Code / Title 41 / Chapter 464 / Section 464.005

## Text

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.

## Nearby sections

- [Nev. Rev. Stat. § 464.005 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.005.md)
- [Nev. Rev. Stat. § 464.010 Licenses required](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.010.md)
- [Nev. Rev. Stat. § 464.015 Fee for issuance or renewal of license; disposition](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.015.md)
- [Nev. Rev. Stat. § 464.020 Administration by Nevada Gaming Commission: Issuance of licenses; times and places for wagering; regulations; authority and procedure for appointing Off-Track Pari-Mutuel Wagering Committee; inspection of books and records of licensees](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.020.md)
- [Nev. Rev. Stat. § 464.025 Regulations governing off-track pari-mutuel wagering; sharing of revenue; approval of Commission](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.025.md)
- [Nev. Rev. Stat. § 464.040 Limitations on amount and division of commissions; payment and disposition of taxes](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.040.md)
- [Nev. Rev. Stat. § 464.045 Calculation of monthly state license fee to include gross revenue from off-track pari-mutuel wagering; calculation of gross revenue](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.045.md)
- [Nev. Rev. Stat. § 464.050 Place for conducting and public viewing of wagering](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.050.md)
- [Nev. Rev. Stat. § 464.060 Wagering outside enclosure or licensed establishment prohibited](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.060.md)
- [Nev. Rev. Stat. § 464.070 Limitation on wager by agent; off-track wagering by agent prohibited](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.070.md)
- [Nev. Rev. Stat. § 464.075 Altering value of wager for patron prohibited; regulations; exemptions](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.075.md)
- [Nev. Rev. Stat. § 464.080 Suspension or revocation of license: Hearing; judicial review](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.080.md)
- [Nev. Rev. Stat. § 464.100 Penalty](https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.100.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NV_T41_C464_S464.005. Check the current official text before relying on it. Not legal advice.