{"data":{"id":"us-nv/nrs-464.005","jurisdiction":"us-nv","citation":"NRS 464.005","heading":"Definitions.","body":"As used in this chapter, unless the context otherwise requires:\n1. “Board” means the Nevada Gaming Control Board.\n2. “Commission” means the Nevada Gaming Commission.\n3. “Gross revenue” means the amount of the commission received by a licensed book that is deducted from off-track pari-mutuel wagering, plus breakage and the face amount of unpaid winning tickets that remain unpaid for a period specified by the Commission.\n4. “Licensed book” means a race book or sports pool licensed to operate, carry on, conduct or maintain any form of wagering under a pari-mutuel system of wagering pursuant to this chapter.\n5. “Off-track pari-mutuel system” means a computerized system, or component of such a system, that is used with regard to a pari-mutuel pool to transmit information such as amounts wagered, odds and payoffs on races, sporting events or other events.\n6. “Off-track pari-mutuel wagering” means any pari-mutuel system of wagering approved by the Commission for the acceptance of wagers on:\n(a) Horse or dog races which take place outside of this state;\n(b) Sporting events; or\n(c) Other events.\n7. “Operator of a system” means a person engaged in providing an off-track pari-mutuel system. An operator of a system shall be deemed a service provider as set forth in NRS 463.677 and is subject to any applicable regulations adopted by the Commission.\n8. “Pari-mutuel system of wagering” means any system whereby wagers with respect to the outcome of a race, sporting event or other event are placed in a wagering pool conducted by a person licensed or otherwise permitted to do so under state law, and in which the participants are wagering with each other and not against that person. The term includes off-track pari-mutuel wagering.","path":["TITLE 41 — GAMING; HORSE RACING; SPORTING EVENTS","CHAPTER 464 - PARI-MUTUEL WAGERING"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-464.html#NRS464Sec005","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:41Z","sha256":"97c8703bdf824e007824328d408735133d99b971c6d55b31b343e5f75c78f358","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-463b.280","next":"us-nv/nrs-464.010"},"notice":"GroundRules: Original legal text. Not legal advice."}