Volume 793, Page 3364 View pdf image |
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Ch. 590 1995 LAWS OF MARYLAND 11-613. (b) If an average handle is over [$300,000] $600,000, the takeout shall be: (1) 17% from each regular mutuel pool; (2) 19% from each multiple mutuel pool for 2 horses; and (3) 25% from each multiple mutuel pool on 3 or more horses. (c) If the average handle is [$300,000] $600,000 or less, the takeout shall be: (1) 18.75% from each regular mutuel pool; (2) 20.75% from each multiple mutuel pool on 2 horses; and (3) 26.75% from each multiple mutuel pool on 3 or more horses. 11-614. Except as provided in § 11-614.1 of this subtitle, a licensee whose average handle is (1) allocate 0.50% of each mutuel pool to the Commission as State tax; (2) allocate 0.25% of each mutuel pool to the Maryland Harness Track (3) keep 16.25% of each regular mutuel pool; (4) keep 18.25% of each multiple mutuel pool on 2 horses; and (5) keep 24.25% of each multiple mutuel pool on 3 or more horses. 11-615. (a) From a licensee's share of the takeout on each mutuel pool, the licensee (1) on the first $125,000 of the average handle: (ii) 0.50% of each multiple mutuel pool on 2 horses; and (2) on the rest of the average handle: (i) 1% of each regular mutuel pool; (ii) 1% of each multiple mutuel pool on 2 horses; and (iii) 1.5% of each multiple mutuel pool on 3 or more horses. - 3364 -
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Volume 793, Page 3364 View pdf image |
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