§ 11-614. Average handle over $600,000 -- General takeout allocation

MD Bus Reg Code § 11-614 (2019) (N/A)
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A licensee whose average handle is over $600,000 shall:

(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 Employees Pension Fund;

(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.