Colorado Springs City Code § 9.5.101 DEFINITIONS
9.5.101: DEFINITIONS:
GAIN: The direct realization of winnings.
GAMBLING: Risking any money, credit, deposit or other thing of value for gain contingent in whole or in part upon lot, chance, the operation of a gambling device, or the happening or outcome of an event, including a sporting event over which the person taking a risk has no control, but does not include:
A. Bona fide contests of skill, speed, strength or endurance in which awards are made only to entrants or the owners of entries;
B. Bona fide business transactions which are valid under the law of contracts; or
C. Other acts or transactions now or hereafter expressly authorized by law;
D. Any game, wager or transaction which is incidental to a bona fide social relationship, is participated in by natural persons only, and in which no person is participating, directly or indirectly, in professional gambling.
GAMBLING DEVICE: Any device, machine, paraphernalia or equipment that is used or usable in the playing phases of any professional gambling activity, whether that activity consists of gambling between persons or gambling by a person involving the playing of a machine.
GAMBLING PREMISES: Any building, house, room, enclosure, vehicle, vessel or other place, whether open or enclosed, used or intended to be used for professional gambling. In the application of this definition, any place where a gambling device is found shall be presumed to be intended to be used for professional gambling.
GAMBLING PROCEEDS: All money or other things of value at stake or displayed in or in connection with professional gambling.
PROFESSIONAL GAMBLING:
A. Aiding or inducing another to engage in gambling, with the intent to derive a profit; or
B. Participating in gambling and having, other than by virtue of skill or luck, a lesser chance of losing or a greater chance of winning than one or more of the other participants.
PROFIT: Any other realized or unrealized benefit, direct or indirect, including benefits from proprietorship, management or unequal advantage in a series of transactions. (Ord. 4517; 1968 Code §8-28; Ord. 01-42)