gambling contract

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  • noun

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a contract whose performance by one party is contingent on the outcome of a bet

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References in periodicals archive ?
Termination of a loss-making gaming contract with ITV and a pounds 10.
Sportech, parent company of Bet Direct and the Littlewoods gaming division, pulled the plug on its gaming contract with ITV, a month before the two-year break point in a five-year deal.
lottery - The State Lottery Commission voted to provide up to $300,000 to two Boston law firms to defend State Treasurer Tim Cahill and Lottery executive director Mark Cavanaugh against charges that they unfairly favored the politically connected Scientific Games over other companies for a gaming contract with the Lottery.
We expect operating margins to remain at lower levels compared to a year ago as part of our ongoing efforts to solicit and form other gaming contracts.
Chen: The way the gaming contracts are structured makes a difference in what Dragon Sight can claim as its own revenue.
The Company is presently pursuing Indian gaming contracts as well as wholly owned gaming opportunities, and also operates a casino-based hotel in Minnesota, the award-winning Country Tonite production show in Las Vegas, and the Country Tonite Theatre in Branson, Missouri, which showcases the Country Tonite Show.
Michael Lai, Executive Vice-President and CEO-Asia of IGF, hinted that the process was expedited weeks ahead of schedule because of his advancing negotiations with the two largest Asian gaming organizations for exclusive online gaming contracts.
Williams, president and chief executive officer of the company, stated, "The proceeds from this offering will be used to acquire and install slot machine and video gaming equipment in Lima, Peru (500 machines) and in Namibia on the African Continent in accordance with previously executed gaming contracts, expand the company's operations in Costa Rica by installing additional machines, continue infrastructure development in South Africa and Mexico in anticipation of adoption of new gaming statutes in those jurisdictions and to develop a sales and marketing force to promote the company's business and explore opportunities in additional emerging gaming markets.