10/30/17
Gaming Revenues Gross vs. Net (Chapter 3) • Gross Gaming Revenue = The difference between gaming wins and losses from banked games before deducting incentives or adjusting for changes in progressive jackpot liability accruals. • Net Gaming Revenue = Gross Gaming Revenue – incentives +/- change in progressive jackpots + revenue from related gaming activities.
Accounting for Incentive Programs (Slot Clubs, Promos, etc.) • Incentives to play should be characterized as either: (1) marketing incentives to induce potential customers to enter into transactions (Discretionary); or
(2) loyalty programs for customers based on activities or transactions undertaken (Non- discretionary).
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