Maryland Statutes

§ 11-616

Maryland·Article gbr Business Regulation·Title 11

A licensee whose average handle is $600,000 or less shall:

(1)allocate 0.32% of each mutuel pool to the Commission as State tax;
(2)subject to § 11–618 of this part, allocate 0.25% of each mutuel pool to the Maryland Harness Track Employees Pension Fund;
(3)allocate for purses 0.18% of each mutuel pool, or an amount that is otherwise agreed to by the licensee and the organization representing a majority of the harness owners and trainers in the State, which shall provide revenue in addition to any other funds set aside for purses by private parties;
(4)keep 18.00% of each regular mutuel pool;
(5)keep 20.00% of each multiple mutuel pool on 2 horses; and
(6)keep 26.00% of each multiple mutuel pool on 3 or more hors

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Nearby Sections

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§ 11-1001
§ 11-1001
§ 11-101
§ 11-101
§ 11-102
§ 11-102
§ 11-103
§ 11-103
§ 11-1101
§ 11-1101
§ 11-1102
§ 11-1102
§ 11-1201
§ 11-1201
§ 11-1202
§ 11-1202
§ 11-1203
§ 11-1203
§ 11-1204
§ 11-1204
§ 11-1205
§ 11-1205
§ 11-1301
§ 11-1301
§ 11-1302
§ 11-1302
§ 11-1303
§ 11-1303
§ 11-1304
§ 11-1304
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