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Net win for games played on gaming machine

Casino Control (Casino Tax) Regulations 2010

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—(1) Subject to paragraph (3), the net win in a reporting period for games played on any gaming machine shall be determined by ascribing the values of the data from the respective meters of the gaming machine to the formula, as follows:where Y1is the data from the meter labelled “Coin In” for the reporting period; Y2is the data from the meter labelled “Coin Out” for the reporting period; Y3is the data from the meter labelled “Machine Paid External Bonus Payout” for the reporting period; Y4is the data from the meter labelled “Machine Paid Progressive Payout” for the reporting period; Y5is the data from the meter labelled “Attendant Paid Jackpot” for the reporting period; Y6is the data from the meter labelled “Attendant Paid External Bonus Payout” for the reporting period; and Y7is the data from the meter labelled “Attendant Paid Progressive Payout” for the reporting period. (2) There shall be allowed to a casino operator a deduction from the net win computed in accordance with paragraph (1) of any other prize not recorded by the meters of the gaming machine referred to in that paragraph, which was paid out by the casino operator to any player as winnings on a game played on the gaming machine, as a result of the player having placed a bet on the game.(3) Where, in the opinion of the Comptroller, the net win for any gaming machine or machines in a reporting period or any part thereof cannot be determined with reasonable accuracy under paragraph (1), due to —(a)a malfunction of the gaming machine or machines;(b)an adjustment of any meter of a gaming machine for which no reasonable explanation has been given to the satisfaction of the Comptroller; or (c)for any other reason,the Comptroller may to the best of his judgment assess the net win for the gaming machine or machines by the formulawhereY8is the drop for the gaming machine for the reporting period or part thereof; Y9is the fills, which refers to the coins transferred from the casino cashier to the gaming machine for the reporting period or part thereof; and Y10is the total value of jackpot payouts as a result of the bets placed on the gaming machine for the reporting period or part thereof. (4) [Deleted by S 57/2013 wef 31/01/2013]

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