Connecticut General Statutes (Tax)
Conn. Gen. Stat. § 12-866
Payments to the state based on gross gaming revenue from online casino gaming
(b) For purposes of this section, “gross gaming revenue” means the total of all sums actually received by each such licensee from online casino gaming less the total of all sums paid as winnings to online casino gaming patrons and any federal excise tax applicable to such sums received, provided:
# (1)
The total of all sums paid as winnings to such patrons shall not include the cash equivalent value of any merchandise or thing of value included in a jackpot or payout; and
# (2)
Coupons or credits that are issued to patrons for the sole purpose of playing online casino games and are linked to online casino gaming in a documented way as part of a promotional program and actually played by the patrons shall not be included in the calculation of gross gaming revenue from online casino gaming, provided if the aggregate amount of such coupons and credits played during a calendar month (A) exceeds twenty-five per cent of the total amount of gross gaming revenue for that month, for any month during the first year that the operation of online casino gaming is permitted, (B) exceeds twenty per cent of the total amount of gross gaming revenue for that month, for any month during the second year that the operation of online casino gaming is permitted, or (C) exceeds fifteen per cent of the total amount of gross gaming revenue for that month, for any month during the third or succeeding year that the operation of online casino gaming is permitted, then the applicable excess amount of coupons or credits used in such calendar month shall be included in the calculation of gross gaming revenue. For the purpose of this subdivision, the year of operation of online casino gaming shall be measured from the date that the first master wagering license is issued pursuant to section 12-852 or the date that regulations, including, but not limited to, emergency regulations, are adopted and effective pursuant to section 12-865, whichever is later.
(P.A. 21-23, S. 17.)
History: P.A. 21-23 effective July 1, 2021.
Source: view the official text
In this chapter (27 sections)
- 12-850 · Definitions
- 12-851 · Agreements with Mashantucket Pequot Tribe and Mohegan Tribe of…
- 12-852 · Master wagering licenses for Mashantucket Pequot Tribe and…
- 12-853 · Master wagering license for Connecticut Lottery Corporation
- 12-853a · Online lottery ticket sales fund
- 12-854 · Connecticut Lottery Corporation operation of retail sports…
- 12-855 · Online gaming service provider license
- 12-856 · Sports wagering retailer license
- 12-857 · Online gaming operator license
- 12-858 · Occupational employee license
- 12-859 · Key employee license
- 12-859a · Live game employee license
- 12-859b · Provisional authority for applicant for key employee license…
- 12-859c · Third-party local and national criminal background check…
- 12-860 · Key employee or occupational employee and sovereign immunity
- 12-861 · Investigations and hearings held by commissioner. Document…
- 12-862 · Action by commissioner against licensee
- 12-863 · Requirements for conducting sports wagering, online casino…
- 12-864 · Prohibited sports wagering
- 12-865 · Regulations
- 12-866 · Payments to the state based on gross gaming revenue from…
- 12-867 · Payments to the state based on gross gaming revenue from…
- 12-868 · Payments to the state based on gross receipts from fantasy…
- 12-869 · Assessment of costs to regulate online sports wagering or…
- 12-870 · Payments toward minimum contribution pursuant to Mashantucket…
- 12-871 · Contributions to support problem gambling programs
- 12-872 · Nonseverability