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Netplay removes Net Revenue for Bingo Calulation from terms

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    Netplay removes Net Revenue for Bingo Calulation from terms

    Terms spidered on April 4th, 2012 08:58 AM

    SUMMARY: Netplay has removed the section of the terms describing the Net Revenue for Bingo.

    Commissions – Bingo Net Gaming Revenue
    1.7. ‘Net Gaming Revenue’ on bingo activity over a given period means the aggregate of the Referred Players’ stakes less:

    1.7.1. voids;

    1.7.2. returns;

    1.7.3. licensing fees;

    1.7.4. credits made to the Referred Players;

    1.7.5. bonuses;

    1.7.6. charge-backs;

    1.7.7. bad debts

    and

    1.7.8. fraud;
    SUMMARY: Removal of Net Gaming Revenue definition (in regards to Bingo Commissions)

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