Indiana Statutes

§ 4-36-2-9 — "Gross receipts"

Indiana·Art. 36 TYPE II GAMING IN ESTABLISHMENTS·Ch. 2 Definitions
(a)"Gross receipts" means the total amount of money exchanged for the purchase of:
(1)pull tabs;
(2)punchboards;
(3)tip boards; and
(4)raffle tickets purchased in a qualified drawing in which the retailer retains the profits of the qualified drawing; by the patrons of a type II gaming operation.
(b)The term does not include any amount wagered on qualified drawings conducted by a retailer under IC 4-36-5-1(c) in which the total amount wagered is returned to the retailer's patrons in the form of prizes.

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Legislative History

As added by P.L.95-2008, SEC.13. Amended by P.L.108-2009, SEC.14; P.L.19-2011, SEC.1.

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