Nevada Statutes
§ 466.151 — Limitation on commissions deducted by licensee from pari-mutuel wagering; other deductions in paying bets
Nevada § 466.151
This text of Nevada § 466.151 (Limitation on commissions deducted by licensee from pari-mutuel wagering; other deductions in paying bets) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 466.151 (2026).
Text
1.The commissions deducted by any licensee from pari-mutuel wagering on racing must not exceed 20 percent of the gross amount of money handled in each pari-mutuel pool operated by the licensee during the period of the license.
2.In addition to the commissions provided for in subsection 1, the licensee may deduct odd cents less than 10 cents per dollar in paying bets.
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Legislative History
(Added to NRS by 1965, 527 ; A 1973, 468 ; 1987, 636 )
Nearby Sections
15
§ 466.010
Short title§ 466.015
Purpose of chapter§ 466.017
Definitions§ 466.018
“Board” defined§ 466.019
“Chariot race” defined§ 466.021
“Commission” defined§ 466.022
“Cutter race” defined§ 466.025
“Heat” defined§ 466.026
“Horse” defined§ 466.028
“Pari-mutuel wagering” defined§ 466.029
“Resort hotel” definedCite This Page — Counsel Stack
Bluebook (online)
Nevada § 466.151, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/466.151.