S.D. Admin. R. 20:18:14.01:06 - Amount retained by licensee

No more than ten percent of the total tournament buy-ins may be retained by the licensee as a tournament entry fee, which fee shall be included as part of adjusted gross proceeds. The adjusted gross proceeds do not include any mandatory gratuities as described in the rules of the tournament and paid to the licensed dealers.

Notes

S.D. Admin. R. 20:18:14.01:06
19 SDR 21, effective August 20, 1992; 34 SDR 200, effective January 29, 2008.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-11, 42-7B-15.

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