Nev. Admin. Code § 467.332 - Complimentary tickets: Limitation on issuance; exclusion from calculation of license fee; calculation of percentage of price and service charge for payment to unarmed combatant

Current through March 28, 2022

1. If a promoter issues complimentary tickets totaling more than the limit set forth in subsection 7 of NRS 467.107, the total value of the complimentary tickets excluded from the license fee prescribed in NRS 467.107 must be proportionally allocated between or among the price categories for which complimentary tickets are issued based on a weighted average of the total number of complimentary tickets issued by the promoter per each price category. The remaining value of the complimentary tickets issued must be included in the fee prescribed in NRS 467.107 pursuant to subsection 7 of NRS 467.107.
2. Each unarmed combatant who is working on a percentage must be paid his or her percentage of the normal price of all complimentary tickets unless the contract between him or her and the promoter provides otherwise and stipulates the number of complimentary tickets which will be issued.
3. If a service charge is made for complimentary tickets, the unarmed combatant is entitled to be paid his or her percentage of that service charge, less any deduction for federal taxes and the fees prescribed in NRS 467.104 and 467.107, unless the contract between him or her and the promoter provides otherwise.
4. A ticket issued by a promoter without charge pursuant to NAC 467.337 must not be included in the limit for complimentary tickets set forth in subsection 7 of NRS 467.107, and its value must not be included in "gross receipts" for purposes of calculating the fee prescribed in NRS 467.107.

Notes

Nev. Admin. Code § 467.332
[Athletic Comm'n, § 107, eff. 4-25-78]-(NAC A 12-13-82; 12-2-97; R058-05, 12-29-2005); A by R062-16A, eff. 9/9/2016; A by R032-18A, eff. 1/30/2019
NRS 467.030 and 467.107

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