§ 41-11-3. Taxes and commissions.
(a) Each licensee conducting wagering in a simulcast betting facility under the pari-mutuel
system shall pay to the state, and there is hereby imposed, a tax on such programs
at the rate of:
(1) Four percent (4%) of the total money wagered thereon on win, place, and show wagers;
(2) Four percent (4%) on multiple wagers therein involving two (2) animals; and
(3) Five and one-half percent (5.5%) on exotic wagers therein involving three (3) or more
animals.
(b) Where the division has approved the integration of wagers placed at the simulcast
facility into similar wagering pools at a host facility where the program is conducted,
each licensee conducting wagering in a simulcast betting facility may retain as his
or her commission an amount equal to the takeout at the host facility of which one
and four-tenths percent (1.4%) shall be paid to the kennel owners at facilities licensed
pursuant to chapter 3.1 of this title. This tax structure shall apply to any transmission
of programs between licensed facilities within the state. Where integration of wagers
does not occur the division shall be:
(1) Twenty percent (20%) of the amounts wagered on win, place, and show wagers, of which
one and four-tenths percent (1.4%) shall be paid to the kennel owners at facilities
licensed pursuant to chapter 3.1 of this title.
(2) Twenty percent (20%) of the amounts wagered on multiple wagers involving two (2) animals,
of which one and four-tenths percent (1.4%) shall be paid to the kennel owners at
facilities licensed pursuant to chapter 3.1 of this title.
(3) Twenty-five percent (25%) of the amounts wagered on exotic wagers involving three
(3) or more animals, of which one and four-tenths percent (1.4%) shall be paid to
the kennel owners at facilities licensed pursuant to chapter 3.1 of this title.
(4) One-half (½) of the breakage to the dime resulting from the betting shall be deposited
as general revenues. The remaining breakage shall be retained by the licensee.
(c) The amount of unclaimed money that shall hereafter be held by any licensee, on account
of outstanding and uncashed winning tickets, shall, at the expiration of one year
after the close of the meeting during which the tickets were issued, be paid into
the general fund of the state.
(d) Notwithstanding any other provision of law, money wagered on the simulcast of intrastate
and interstate programs, as provided in this chapter, shall be subject only to the
tax imposed in this section, and provided further, where there is interstate transmission
of signals in accordance with national practice, the tax shall be levied in the receiving
state only.