Wash. Admin. Code § 230-09-010

Current through Register Vol. 24-23, December 1, 2024

Section 230-09-010 - Ten thousand dollars net receipts limit

(1) The calendar year net receipt limits of RCW 9.46.0233 apply to all FRE licensees. Net receipts are all wagers and bets received minus money used to purchase prizes and pay out cash prizes.

(2) Any licensees exceeding the calendar year net receipt limit must distribute excess net receipts within thirty days to another bona fide charitable or nonprofit organization that either:

(a) We license; or

(b) Meets the criteria set forth in RCW 9.46.0209.

Wash. Admin. Code § 230-09-010

Statutory Authority: RCW 9.46.070. 06-22-051 (Order 604), § 230-09-010, filed 10/27/06, effective 1/1/08.