How is Net Win defined in a legal contract?
- Net Win means the total income generated from certain gaming devices, less all rewards and payments that are connected directly to the amount bet. Additions and certain fees are also deducted. Seen in 14 SEC filings
- Net Win means the betting totals from certain gaming devices plus the redemption value of expired tickets, less various deductions and a portion of payments to a third-party provider. Seen in 9 SEC filings
- Net Win means the total money wagered at a certain gaming facility, less the amount paid out in rewards at the facility. Seen in 7 SEC filings
- Net Win means the gross wagers fetched from gambling activities. Seen in 4 SEC filings
- Net Win means total revenue less all rewards, adjustments, and participation fees. Seen in 3 SEC filings
- Net Win means the total bet on a certain type of gaming, less the total amounts paid for all winnings, and less the total participation fees paid to gaming contractors. Seen in 3 SEC filings
- Net Win means the total amount bet on each electronic game of chance, less the total amount paid to players for winning bets at such machines. Seen in 3 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of net win' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Net Win means the total amount wagered, less the total amount paid out in winnings and fees.
Relevant Contract Types
Relevant Circumstances
- Establishing rules and conditions for gaming operations.
- Governing the terms of gaming or betting agreements.
- Regulating the winnings and payouts of gaming devices.
Relevant Sectors
Genie Definition 2
Net Win means gross wagers received from betting activities.
Relevant Contract Types
Relevant Circumstances
- Setting up terms for a betting pool.
- Governing the conduct of gambling activities.
- Establishing a lottery pool.
Relevant Sectors
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Net Win means the total amount wagered, less the total amount paid out in winnings and fees
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