Connecticut General Statutes 12-557b – Definitions
As used in this chapter, sections 12-578a to 12-578e, inclusive, 12-579 and 12-580, chapter 226b, and section 53-278g, unless the context otherwise requires:
Terms Used In Connecticut General Statutes 12-557b
- Business organization: means a partnership, incorporated or unincorporated association, firm, corporation, trust or other form of business or legal entity, other than a financial institution regulated by a state or federal agency which is not exercising control over an association licensee, but does not mean a governmental or sovereign entity. See Connecticut General Statutes 12-557b
- Casino gaming facility: means any casino gaming facility authorized by any provision of the general statutes or a public or special act to conduct authorized games on its premises, but does not include any casino gaming facility located on Indian lands pursuant to the Indian Gaming Regulatory Act, P. See Connecticut General Statutes 12-557b
- Commissioner: means the Commissioner of Consumer Protection. See Connecticut General Statutes 12-557b
- Control: means the power to exercise authority over or direct the management and policies of a person or business organization. See Connecticut General Statutes 12-557b
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the Department of Consumer Protection. See Connecticut General Statutes 12-557b
- Gross gaming revenue: means the total of all sums actually received by a casino gaming facility from gaming operations less the total of all sums paid as winnings to patrons of the casino gaming facility, provided 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 provided further the issuance to or wagering by such patrons of any promotional gaming credit shall not be included in the total of all sums actually received by a casino gaming facility for the purposes of determining gross gaming revenue. See Connecticut General Statutes 12-557b
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: means any individual, partnership, company, limited liability company, public or private corporation, society, association, trustee, executor, administrator or other fiduciary or custodian. See Connecticut General Statutes 12-1
(1) “Commissioner” means the Commissioner of Consumer Protection;
(2) “Department” means the Department of Consumer Protection;
(3) “Business organization” means a partnership, incorporated or unincorporated association, firm, corporation, trust or other form of business or legal entity, other than a financial institution regulated by a state or federal agency which is not exercising control over an association licensee, but does not mean a governmental or sovereign entity;
(4) “Control” means the power to exercise authority over or direct the management and policies of a person or business organization;
(5) “Casino gaming facility” means any casino gaming facility authorized by any provision of the general statutes or a public or special act to conduct authorized games on its premises, but does not include any casino gaming facility located on Indian lands pursuant to the Indian Gaming Regulatory Act, P.L. 100-497, 25 USC 2701 et seq.;
(6) “Authorized game” means any game of chance specifically authorized to be conducted at a casino gaming facility by any provision of the general statutes or a public or special act; and
(7) “Gross gaming revenue” means the total of all sums actually received by a casino gaming facility from gaming operations less the total of all sums paid as winnings to patrons of the casino gaming facility, provided 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 provided further the issuance to or wagering by such patrons of any promotional gaming credit shall not be included in the total of all sums actually received by a casino gaming facility for the purposes of determining gross gaming revenue.