Definitions.
Nev. Rev. Stat. § 464.005
in effectAs used in this chapter, unless the context otherwise requires:
1. Board means the Nevada Gaming Control Board.
2. Commission means the Nevada Gaming Commission.
3. Gross revenue means the amount of the commission received by a licensed book that is deducted from off-track pari-mutuel wagering, plus breakage and the face amount of unpaid winning tickets that remain unpaid for a period specified by the Commission.
4. Licensed book means a race book or sports pool licensed to operate, carry on, conduct or maintain any form of wagering under a pari-mutuel system of wagering pursuant to this chapter.
5. Off-track pari-mutuel system means a computerized system, or component of such a system, that is used with regard to a pari-mutuel pool to transmit information such as amounts wagered, odds and payoffs on races, sporting events or other events.
6. Off-track pari-mutuel wagering means any pari-mutuel system of wagering approved by the Commission for the acceptance of wagers on:
(a) Horse or dog races which take place outside of this state;
(b) Sporting events; or
(c) Other events.
7. Operator of a system means a person engaged in providing an off-track pari-mutuel system. An operator of a system shall be deemed a service provider as set forth in NRS 463.677 and is subject to any applicable regulations adopted by the Commission.
8. Pari-mutuel system of wagering means any system whereby wagers with respect to the outcome of a race, sporting event or other event are placed in a wagering pool conducted by a person licensed or otherwise permitted to do so under state law, and in which the participants are wagering with each other and not against that person. The term includes off-track pari-mutuel wagering.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-464.htmlFetched: 10/4/2026