Regulations concerning financial practices of licensees: Computation and reporting of winnings, compensation and gross revenue; submission of fees, interest, penalties and taxes
Known as the Nevada Gaming Control Act
The act spans §§ 463–463 (375 sections).
(Added to NRS by 1981, 1543; A 2003, 20th Special Session, 3)
1. The Commission shall adopt regulations, consistent with NRS 463.370, 463.371 and 463.3715, that prescribe the manner in which winnings, compensation from games and gaming devices, and gross revenue must be computed and reported by the licensee.
2. The Commission may adopt regulations that prescribe the manner in which a licensee must submit to the Commission any fees, interest, penalties or tax required to be paid based upon the information reported in subsection 1.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.