(a)(1) A licensee whose average handle is $150,000 or less shall keep the breakage.
(2)A licensee whose average handle is over $150,000 shall:
(i)allocate 50% of the breakage to the Sires Stakes Program; and
(ii)keep 50% of the breakage to pay for personnel-related expenses, physical improvements, track maintenance, and indebtedness related to the track, including indebtedness for clubhouse and grandstand construction.
(b)If an average handle is over $600,000, the takeout shall be:
(1)17% from each regular mutuel pool;
(2)19% from each multiple mutuel pool for 2 horses; and
(3)25% from each multiple mutuel pool on 3 or more horses.
(c)If the average handle is $600,000 or less, the
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(a) (1) A licensee whose average handle is $150,000 or less shall keep the breakage.
(2) A licensee whose average handle is over $150,000 shall:
(i) allocate 50% of the breakage to the Sires Stakes Program; and
(ii) keep 50% of the breakage to pay for personnel-related expenses, physical improvements, track maintenance, and indebtedness related to the track, including indebtedness for clubhouse and grandstand construction.
(b) If an average handle is over $600,000, the takeout shall be:
(1) 17% from each regular mutuel pool;
(2) 19% from each multiple mutuel pool for 2 horses; and
(3) 25% from each multiple mutuel pool on 3 or more horses.
(c) If the average handle is $600,000 or less, the takeout shall be:
(1) not more than 18.75% from each regular mutuel pool;
(2) not more than 20.75% from each multiple mutuel pool on 2 horses; and
(3) not more than 26.75% from each multiple mutuel pool on 3 or more horses.
(d) Money that remains after deductions are made under this section shall be returned as winnings to successful bettors.