2014

LAWS OF MARYLAND

Ch. 554

years, 15 percent of the regular mutuel pool, 19 percent of
the multiple mutuel pool involving two horses, and 25
percent of the multiple mutuel pool involving three or more
horses. 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. Each
licensee shall apply the amounts deducted as follows:

(1)  One half of the breakage shall be allocated
for purse money. Ten percent of the one half of the breakage
for purse money shall be allocated to the Maryland-Bred Race
Fund as provided by § 18A of this article.

(2)  One half of the breakage may be retained by
the licensee.

(3)  4.09 percent of the mutuel pools shall be
paid to the Maryland Racing Commission for the use of the
State as provided by § 14 of this article. EFFECTIVE
JANUARY 1, 1982, THE PERCENT OF THE MUTUEL POOLS PAID TO THE
MARYLAND RACING COMMISSION FOR USE OF THE STATE AS PROVIDED
BY SECTION 14 OF THIS ARTICLE SHALL BE 4.84 PERCENT.

(4)  An amount equal to 1 percent of the mutuel
pools on all races conducted during the year shall be
allocated to the Maryland-Bred Race Fund as provided by §
18A of this article.

(5) (i) For the calendar year 1978 and all
subsequent calendar years, an amount equal to 5 percent of
the regular mutuel pools, 8 percent of the multiple mutuel
pools involving two horses, and 14 percent of the multiple
mutuel pools involving three or more horses shall be
allocated for purse money.

(ii) The formula for distribution of the
purse money shall be determined by an agreement between an
organization representing the horsemen and the tracks, the
agreement to be subject to the approval of the Commission.
It is the intention that the allocation shall be made in the
approximate amount of 85 percent to the current year's
overnight races and 15 percent not to exceed 17 percent to
the current year's stake races.

(6) An amount equal to 0.50 percent of the
mutuel pools on all races conducted during the year shall be
allocated for capital improvements as provided by § 12 of
this article.

(7) 4.41 percent of the regular mutuel pool and
5.41 percent of the multiple mutuel pool of all races during
the year shall be retained by the licensee from which 0.25
percent of both pools shall be paid by the licensee to the
Maryland Race Track Employees Pension Fund to be
administered by representatives of the licensee and the