GGY (GGR) Gambling Income Indicators
GGY (Gross Gambling Yield) or the so-called total income from gambling is a measure of profitability, calculated once the gambling establishment has paid out the money won by visitors. The withdrawal of winning bets among the total number of bets and other game fees is implied in it. GGY does not imply the cost of additional services (for example meals at land-based casinos) or online technical support. GGY does not include the amount of compensation paid to players.
An affiliate type of cooperation represents the revenue share where partners are supposed to receive a part of the profits that was brought to the client by them. For example, an affiliate attracts players to online casino and then a percentage of their loss is redirected to him.
GGY (GGR) calculation
The revenue share of GGY means the share of casino revenue that stockholders, affiliates and other parties who have cooperated with the gambling establishment are going to share among themselves. It is one of the main features that indicate the profitability of a gambling resource and its corresponding reports to the tax authorities.
Proprietary GGY
It is essential to tell how the revenue share of GGY indicator differs from the proprietary GGY.
Proprietary GGY describes the gross profitability of games obtained by a gambling establishment too. It is deducted from the total profit of casino and combines all bets lost by players. It also includes the insurance % and entry fees that are required in poker. In two words, proprietary GGY is the direct casino profits portion.
Essential to note, that the basic characteristic of proprietary GGY is that it is not accessible to stockholders under an income contract.
GGY and proprietary GGY distinction
Profitability of GGY holds a basic distinction from the proprietary GGY which lies in the fact that the first indicator includes the sum of the gross income of a gambling establishment (it will necessarily be shared between partner parties and the stockholders), and the 2nd one relates to income belonging only to the owner of a gambling establishment.
Recent Comments