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Session Laws, 1987
Volume 769, Page 3091   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                   Ch. 661

BY repealing and reenacting, with amendments,

Article 78B - Racing Commission

Section 11(b) and 28(b)

Annotated Code of Maryland

(1980 Replacement Volume and 1986 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 78B - Racing Commission

11.

(b) Each mile thoroughbred licensee licensed under § 7 of
this article shall deduct the breakage computed to the 10 cents
and the following amounts on all races conducted by it: 17
percent of the regular mutuel pool, 19 percent of the multiple
mutuel pool involving two houses, and 25 percent of the multiple
mutuel pool involving three on 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) Breakage shall be allocated:

(i) 50 percent to the licensee;

(ii) 45 percent to purses; and

(iii) 5 percent to the Maryland-Bred Race Fund.

(2) EXCEPT AS PROVIDED IN PARAGRAPH (3) OF THIS
SUBSECTION:

(I) 0.50 percent of the mutuel pools shall be
paid to the Maryland Racing Commission for the use of the
State [.];

[(3)] (II) 1.10 percent of the mutuel pools on all
races conducted during the year shall be allocated to the
Maryland-Bred Race Fund[.];

[(4)(i)](III) 1. 7.70 percent of the regular mutuel
pools, 8.70 percent of the multiple mutuel pools involving two
horses, and 11.70 percent of the multiple mutuel pools involving
three or more horses shall be allocated for purse money. The
Commission may authorize a deduction from purse money of 0.25
percent of all mutuel pools to a Maryland Backstretch Employees'

- 3091 -

 

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Session Laws, 1987
Volume 769, Page 3091   View pdf image
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