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S.D. Codified Laws § 42-7A-63

State's percentage of net machine income--Deposit into general fund and video lottery operating fund

Applied in 1 court decision — leading case Corner Pocket of Sioux Falls, Inc. v. Video Lottery Technologies, Inc. (1996)

Most recently applied in Corner Pocket of Sioux Falls, Inc. v. Video Lottery Technologies, Inc. (November 1996)

Source: SL 1993, ch 318, § 3; SL 1994, ch 330; SL 1995, ch 243, § 2; SL 1996, ch 72, § 2B; SL 2015, ch 39, § 8.

The commission shall maximize revenues to the state from video lottery. The state's percentage of net machine income shall be fifty percent. The state's percentage of net machine income shall be directly deposited to the general fund, except for one-half of one percent of net machine income authorized for deposit into the video lottery operating fund.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.