clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1993
Volume 772, Page 9   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

WILLIAM DONALD SCHAEFER, Governor                             Ch. 3

Commission under certain circumstances; making this Act an emergency measure;
and generally relating to horse racing and common mutuel pools.

BY repealing and reenacting, with amendments,
Article - Business Regulation
Section 11-809
Annotated Code of Maryland
(1992 Volume)

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

Article - Business Regulation

11-809.

(a)     On a [simulcast of a] race that a licensee holds AND SIMULCASTS TO AN
OUT-OF-STATE FACILITY OR ON A SIMULCAST OF A RACE THAT A LICENSEE
RECEIVES, the licensee may, with the approval of the Commission, combine bets made at
the licensee's track with bets of the same type made at THE out-of-state [facilities]
FACILITY where betting is lawful.

(b)     This section allows the creation of common mutuel pools for calculating odds
and determining payouts.

(c)     Bets made at AN out-of-state [facilities] FACILITY may not be considered
part of the licensee's mutuel pools for any purpose other than the purpose stated in
subsection (b) of this section.

(d)      [The] FOR RACES THAT ARE HELD BY A LICENSEE IN THIS STATE AND
SIMULCAST TO AN OUT-OF-STATE FACILITY, THE takeout on bets made in [the] THIS
State that are [included] COMMINGLED in a common mutuel pool shall be [the same as
the takeout applicable at the track that accepts the bets in the State] THE TAKEOUT AS
PRESCRIBED FOR THE LICENSEE BY THIS TITLE.

(E)     NOTWITHSTANDING ANY OTHER PROVISION OF THIS TITLE GOVERNING
THE AMOUNT OF TAKEOUT, FOR A RACE THAT IS HELD BY AN OUT-OF-STATE
FACILITY AND SIMULCAST TO A LICENSEE IN THIS STATE, THE TAKEOUT ON BETS
MADE IN THIS STATE THAT ARE COMMINGLED IN A COMMON MUTUEL POOL SHALL
BE, SUBJECT TO THE APPROVAL OF THE COMMISSION, AS AGREED BY THE LICENSEE .
AND THE OUT-OF-STATE FACILITY.

(F)     NOTWITHSTANDING ANY OTHER PROVISION OF THIS TITLE GOVERNING
THE ALLOCATION OF TAKEOUT, FOR A RACE THAT IS HELD BY AN OUT-OF-STATE
FACILITY AND SIMULCAST TO A LICENSEE IN THIS STATE, THE ALLOCATION OF
TAKEOUT ON BETS MADE IN THIS STATE THAT ARE COMMINGLED IN A COMMON
MUTUEL POOL SHALL BE, SUBJECT TO THE APPROVAL OF THE COMMISSION,
ALLOCATED IN THE FOLLOWING MANNER:

(1) TO THE STATE FOR TAXES ON THE HANDLE OF THE LICENSEE AS
PROVIDED UNDER THIS TITLE;

- 9 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1993
Volume 772, Page 9   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives