Nevada § 464.045 - Calculation of monthly state license fee to include gross revenue from off-track pari-mutuel wagering; calculation of gross revenue
Full text of Nevada Nevada Revised Statutes § 464.045 — Calculation of monthly state license fee to include gross revenue from off-track pari-mutuel wagering; calculation of gross revenue, with citation guidance and answers to common questions.
§ 464.045. Calculation of monthly state license fee to include gross revenue from off-track pari-mutuel wagering; calculation of gross revenue
1. The provisions of subsections 3 and 5 of NRS 464.040 do not apply to persons licensed to conduct off-track pari-mutuel wagering. 2. A licensed gaming establishment is subject to the monthly state license fees and
provisions of NRS 463.370 on all gross revenue attributable to the operation of an off-track pari-mutuel system
of wagering. 3. In calculating the monthly state license fee imposed by NRS 463.370 , a licensee shall not deduct from gross revenue any promotional allowances, including,
without limitation, prizes, payments, premiums, drawings, discounts, rebates, bonus
payouts, benefits or tickets that are redeemable for money or merchandise.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 464.045
What does Nevada Revised Statutes § 464.045 cover?
Section 464.045 ("Calculation of monthly state license fee to include gross revenue from off-track pari-mutuel wagering; calculation of gross revenue") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 464.045?
A common citation format is "Nevada Revised Statutes § 464.045" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 464.045 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.