South Dakota Statutes
§ 42-7-102 — Interstate combined wagering pool--Take-out of host jurisdiction or facility--Percentage to state.
Notwithstanding any other provision of this chapter, the commission may authorize any licensee to participate in an interstate combined wagering pool with one or more other racing jurisdictions. If a licensee participates in an interstate combined wagering pool, the licensee may adopt the take-out of the host jurisdiction or facility. The State of South Dakota shall receive one and one-half percent of the total contributed in this state, and the special racing revolving fund and the South Dakota-bred racing fund shall each receive one and one-half percent of the total contributed in this state. However, if the licensee participating in the interstate combined wagering pool is a multi-jurisdictional totalizator hub, the total portion to be received by the state shall be one-fourth of one pe
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South Dakota § 42-7-102 (Interstate combined wagering pool--Take-out of host jurisdiction or facility--Percentage to state.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Bettor Racing, Inc. v. National Indian Gaming Commission
47 F. Supp. 3d 912 (D. South Dakota, 2014)
Legislative History
SL 1991, ch 350, § 2; SL 1995, ch 241; SL 2005, ch 229, § 9.
Nearby Sections
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