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General rules for computation of net win where casino operator is party to wager

Casino Control (Casino Tax) Regulations 2010

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—(1) For the purposes of computing the net win of a casino operator under paragraph (a) of the definition of “net win” in section 146(6) of the Act in respect of any game where the casino operator is a party to a wager —(a)the amount of bets received by the casino operator on the game shall be the aggregate of all bets received and accepted by the casino operator as wagers on the game, whether in money, chips or electronic credit transfers, and shall include —(i)any bet made on credit, whether or not such bet is fully paid up;(ii)any bet placed using complimentary chips or complimentary coupons; and(iii)the full value of any bet placed with a match play coupon;(b)the amount paid out by the casino operator as winnings on the game shall be the aggregate of the winnings paid out by the casino operator to any player as a result of the player having placed a bet on the game, but shall not include —(i)any amount paid out by the casino operator as a bonus jackpot or other prize that is not won by a player as a result of his having placed a bet on a game;(ii)any prize from a lucky draw or similar event for which no fee is charged to enter the lucky draw or event; or(iii)any other benefits which are given by the casino operator to a player other than as winnings on a game, including —(A)any discount, rebate or commission; and(B)any complimentary transport, food, beverage, lodging or other services; and(c)the difference between the amount of bets received by the casino operator on the game (referred to in sub‑paragraph (a)) and the amount paid out by the casino operator as winnings on the game (referred to in sub‑paragraph (b)) shall be determined by reference to the method specified in —(i)regulation 11, for table games;(ii)regulation 12, for games played on a gaming machine; and(iii)regulation 13, for counter games.(2) Where a casino operator pays out winnings to a player in instalments, the total amount to be paid out as winnings to the player may be deducted from the amount of net win of the casino operator for the reporting period in which the winnings were won.

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