§ 47:9106 — Deposit of revenues

§9106. Deposit of revenues
Within twenty days following the close of each calendar month, the corporation shall
transfer to the Lottery Sports Wagering Fund the amount of net revenue which the
corporation determines is surplus to its needs. Net revenues shall be determined by deducting
from the corporation's net gaming proceeds the payment costs incurred or estimated to be
incurred in the operation and administration of sports wagering authorized pursuant to this
Chapter. This shall include the expenses of the corporation and the costs resulting from
determining applicant suitability, and any contracts entered into for promotional, advertising,
or operational services or for the purchase or lease of sports wagering equipment and
materials.

Legislative History

Acts 2021, No. 80, §4, eff. July 1, 2021.