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§ 9-1A-22. Video lottery operations, facilities; payout percentages

West's Annotated Code of MarylandState GovernmentEffective: July 1, 2021

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 9. Miscellaneous Executive Agencies (Refs & Annos)
Subtitle 1a. Video Lottery Terminals (Refs & Annos)
Effective: July 1, 2021
MD Code, State Government, § 9-1A-22
§ 9-1A-22. Video lottery operations, facilities; payout percentages
Currentness
In general
(a) Except as provided in subsections (b) and (c) of this section, a video lottery terminal shall have an average payout percentage of at least 85%.
Video lottery operations
(b) The Commission may by regulation establish an average payout percentage of more than 88% but not more than 95% for video lottery operation licensees.
Video lottery terminals
(c) The Commission may approve an average payout percentage of more than 95% for the video lottery terminals at a video lottery facility.

Credits

Added by Acts 2007, 1st Sp. Sess., c. 4, § 1, eff. Nov. 25, 2008. Amended by Acts 2021, c. 692, § 1, eff. July 1, 2021.
MD Code, State Government, § 9-1A-22, MD STATE GOVT § 9-1A-22
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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