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Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 466.151. Limitation on commissions deducted by licensee from pari-mutuel wagering; other deductions in paying bets

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

1. The commissions deducted by any licensee from pari-mutuel wagering on racing must not exceed 20 percent of the gross amount of money handled in each pari-mutuel pool operated by the licensee during the period of the license.

2. In addition to the commissions provided for in subsection 1, the licensee may deduct odd cents less than 10 cents per dollar in paying bets.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 466.151. Limitation on commissions deducted by licensee from pari-mutuel wagering; other deductions in paying bets - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-41-gaming-horse-racing-sporting-events/nv-rev-st-466-151/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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