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Maryland Code, Business Regulation § 11-808

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Business Regulation § 11-808 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-11-808/

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