Volume 713, Page 2106 View pdf image |
2106 LAWS OF MARYLAND [Ch. 623 this article over those licensed under the provisions of that under this section not more than one license with pari-mutuel betting privilege shall be issued in any county or in Baltimore City and that no such license shall be issued hereafter in Carroll, Dorchester, Frederick, Montgomery or Wicomico counties. (b) Each licensee licensed under the provisions of this section shall at its option be permitted to avail itself of the pari-mutual betting privileges granted in this section, retaining for its own use 13—1/2% of all money wagered not in excess of $125,000 daily average and 10% of all money wagered in excess of $125,000 daily average on all races conducted by it during the year, and shall pay to the Racing Commission for the use of the State within five days after the close of the meeting held during the year 1958, and each calendar year thereafter, an annual tax at the rate of 3—1/2% of all money wagered not in excess of $125,000 daily average, Each such licensee having a total wager in excess of $166,666.67 daily average during the racing season, in dollars ($25.00) for each day that races are held, provided that the Racing Commission [[shall authorize under the provisions of this section shall, in addition to the other taxes and fees imposed under the provisions (b) On and after June 1, 1962, each thoroughbred 18A.
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Volume 713, Page 2106 View pdf image |
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