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§ 11-808. Generally

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 11. Horse Racing (Refs & Annos)
Subtitle 8. Pari-Mutuel Betting (Refs & Annos)
Part II. Intertrack Betting (Refs & Annos)
MD Code, Business Regulation, § 11-808
§ 11-808. Generally
(a) An employee of a receiving track is not considered an employee of the sending track because of this part.
(b) The Commission has jurisdiction over all intertrack betting and other activities at a receiving track to the same extent as when live racing is held at the track.
(c) The Commission shall adopt regulations to carry out this part.
(d) Only a licensee may operate a receiving track or a sending track.
(e)(1) A receiving track shall transmit directly to the sending track all pari-mutuel information about the money bet at the receiving track.
(2) A sending track shall incorporate this information with information on pari-mutuel betting at the sending track.
(f) Money bet in intertrack betting shall be:
(1) included in the applicable mutuel pools at the sending track; and
(2) considered as if bet at the sending track.
(g)(1) The breakage, State tax, and takeout on all intertrack betting at a receiving track shall be computed in the way normally applicable to pari-mutuel betting on a race at the sending track.
(2) The takeout shall be allocated in the same proportions that are normally applicable to racing held at the sending track, after deductions for:
(i) the State tax;
(ii) the amount to be kept by the receiving track under the simulcast agreement with the sending track; and
(iii) the cost to the sending track of the transmission.

Credits

Added by Acts 1992, c. 4, § 2.
Formerly Art. 78B, §§ 12, 30.
MD Code, Business Regulation, § 11-808, MD BUS REG § 11-808
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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