8.__Payback value.__"Payback value"__means the value of credits granted to players by a video lottery terminal compared to the value of money inserted into the video lottery terminal by players, calculated on an annual basis.

9.__Person.__"Person" means an individual, corporation, association or partnership.

10.__Racing commission.__"Racing commission" means the State Harness Racing Commission.

11.__Uniform location agreement.__"Uniform location agreement" means a written agreement between a licensee and a video lottery terminal distributor that governs the terms and conditions of the placement of a video lottery terminal on the premises of the licensee.

12.__Video lottery terminal.__"Video lottery terminal" means any mechanical, electrical, electronic or other device, contrivance or machine that, upon insertion of a coin, token, credit or similar object or thing of value, is available to play or operate, the play or operation of which by application of the element of chance may deliver, or entitle the person playing or operating the device to receive, cash, tokens to be exchanged for cash, merchandise or any other thing of value, whether the payoff is made automatically from the device or in any other manner.

13.__Video lottery terminal distributor.__"Video lottery terminal distributor" means a person who owns video lottery terminals and who distributes or places video lottery terminals or associated equipment for use in this State.

14.__Video lottery terminal wholesaler.__"Video lottery terminal wholesaler" means a person who sells video lottery terminals or associated equipment for distribution in this State.

§362.__License required

A person may not manufacture, distribute, sell, operate or place a video lottery terminal for use in this State unless the person is licensed to do so by the Chief of the State Police.__A person may not place for public use or operate a video lottery terminal in this State unless the machine is registered with the Chief of the State Police.