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1914
LAWS OF MARYLAND
Ch. 683
this section to the Comptroller, as provided in § 19 of this
article. Each licensee may deduct and retain for its own
account [10.50] 13.00 12.50 percent of all money wagered in
all regular mutuel pools on all races conducted by it during
each year and one half ((1/2) ] of the breakage computed to
the [ten] 10 cents [(10¢)] on all regular mutuel pools.
Each licensee may deduct and retain for its own account the
following amounts on all races conducted by it during each
year: for [calendar year 1978 and] all [subsequent]
calendar years, [13.50] 16.00 15.50 percent of all money
wagered in multiple mutuel pools involving two horses, and
19.50] 22.00 21.50 percent of all money wagered in multiple
mutuel pools involving three or more horses; and one half
[(1/2)] of the breakage computed to the [ten] 10 cents
[(10¢)] on all multiple mutuel pools. Regular mutuel pool
means a separate wagering pool in which an interest is
represented by a single ticket evidencing a single wager on
one horse. Multiple mutuel pool means a separate wagering
pool in which an interest is represented by a single wager
on two or more horses. For the purpose of enforcing the
provisions of this section, the Commission shall have and
exercise all of the power conferred upon it by §§ 11 and 13
of this article.
(b) Each licensee, licensed under § 15 of this
article, shall allocate [a sum equal to] the following
amounts on all races conducted by it during the year for the
current year's purse money:
(1) [for] FOR [calendar year 1978 and] all
[subsequent] calendar years, 5 percent of the regular mutuel
pools, 7 percent of the multiple mutuel pools involving two
horses, and 13 percent of the multiple mutuel pools
involving three or more horses. [In addition each licensee
shall allocate a sum equal to 0.50]
(2) 1.34 1.50 percent of the total of all the
mutuel pools on all races conducted by it during the year to
the Maryland-BRED Race Fund subject to the provisions of §
18A herein.
(3) 0.25 PERCENT OF THE TOTAL OF ALL THE MUTUEL
POOLS ON ALL RACES CONDUCTED BY IT DURING THE YEAR TO THE
MARYLAND RACE TRACK EMPLOYEES PENSION FUND TO BE
ADMINISTERED BY REPRESENTATIVES OF THE LICENSEES UNDER
SECTION 7 OF THIS ARTICLE AND BY THE MARYLAND RACE TRACK
LICENSEE AND THE EMPLOYEES.
18A.
(b) [On and after June 1, 1962, each] EACH
thoroughbred track licensee under Sections 7 and 15 SECTION
7 of this article shall allocate a sum equal to [0.50] 1.34
1 percent of the mutuel pools AND EACH THOROUGHBRED TRACK
LICENSEE UNDER SECTION 15 OF THIS ARTICLE SHALL ALLOCATE A
SUM EQUAL TO 1.50 PERCENT OF THE MUTUEL POOLS on all races
conducted by it during the year to the Maryland-Bred Race
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