42-7B-28.2. Calculation of adjusted gross proceeds.
When calculating adjusted gross proceeds for the purpose of applying the tax imposed by §§42-7B-28 and 42-7B-28.1:
(1)Free play value provided by the operator may not be included in the gross proceeds; and
(2)Cash prizes deducted shall be adjusted to not include an amount equal to ninety percent of the free play value provided by the operator.
Source: SL 2015, ch 219, §1.