West Virginia Statutes
§ 29-22B-320 — Net terminal income and gross terminal income defined
West Virginia § 29-22B-320
This text of West Virginia § 29-22B-320 (Net terminal income and gross terminal income defined) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 29-22B-320 (2026).
Text
"Net terminal income" means the portion of gross terminal income collected by the commission from the permittees determined to be net terminal income as calculated under subsection 22B-1408(a) of this article. "Gross terminal income" means the total amount of cash inserted into video lottery terminals operated by a licensee, minus the total value of game credits which are cleared from the video lottery terminals in exchange for winning redemption tickets. A licensee may not deduct costs or expenses related to the operation of video lottery games from net terminal income.
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Nearby Sections
15
§ 29-1-12
Publication of materials; agreements§ 29-1-15
Development or improvement on land; State Historic Preservation Office; rules and regulations§ 29-1-2
General powers of secretary§ 29-1-3
Commission on the Arts§ 29-1-4
Arts section; director§ 29-1-5
Archives and history commission§ 29-1-7
Museums section; directorCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 29-22B-320, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/29/29-22B-320.