2015 South Dakota Codified Laws
Title 42 - RECREATION AND SPORTS
Chapter 07B - Limited Card Games, Slot Machines, Craps, Roulette, And Keno
§ 42-7B-28.2 Calculation of adjusted gross proceeds.
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.
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