Gate receipts is the sum of money taken at a sporting venue for the sale of tickets.
Traditionally, gate receipts were largely or entirely taken in cash. Today, many sporting venues will operate a season ticket scheme, which will mean they allocate a proportion of season ticket moneys when announcing gate receipts for a particular event.
Famous quotes related to gate receipts:
“I have come to the conclusion that the major part of the work of a President is to increase the gate receipts of expositions and fairs and by tourists into town.”
—William Howard Taft (18571930)