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Business & Operations

Net Gaming Revenue (NGR)

NGR is GGR minus bonuses, gaming taxes, and other direct costs — a truer picture of what an operator actually keeps.

What it means

Net Gaming Revenue takes Gross Gaming Revenue (GGR) and subtracts the direct costs tied to generating it: player bonuses, free spins, gaming duty, and sometimes payment processing and platform fees. Definitions vary by contract, so NGR is always worth pinning down in writing.

Why it matters for operators

Revenue-share and affiliate deals are often quoted on NGR rather than GGR, and the gap between the two can be large for bonus-heavy brands. A 30% affiliate deal on NGR costs far less than the same rate on GGR once a generous welcome offer is in play. Always confirm which base a partner uses before signing.

Example

50,000 GGR, minus 12,000 in bonuses and 5,000 in gaming tax, gives an NGR of 33,000 — a third lower than the gross figure.

Related terms

Gross Gaming Revenue (GGR)Revenue Share

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Last updated June 19, 2026
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