(a) Each licensee under the pari-mutuel system may retain as the licensee’s commission: (1) Not to exceed sixteen percent (16%) of the total amount of money wagered on so-called straight (win, place, or show) wagering on events; and (2) Not to exceed eighteen percent (18%) of the total amount of money wagered on so-called exotic or multiple forms of wagering on the events, and one-half (½) of the breakage to the dime resulting from the wagering. (b) Each licensee conducting a harness horse racing meeting under the pari-mutuel system may retain as the licensee’s commission: (1) Not to exceed eleven and one-half percent (11.5%) of so much of the total amount of money wagered daily on the events as does not exceed four hundred thousand dollars ($400,000); ten and one quarter percent (10.25%) of so much thereof as exceeds four hundred thousand dollars ($400,000), but does not exceed four hundred and fifty thousand dollars ($450,000); nine and three quarters percent (9.75%) of so much thereof as exceeds four hundred and fifty thousand dollars ($450,000), but does not exceed five hundred thousand dollars ($500,000); and seven percent (7%) of so much of the total amount of money wagered on the events as exceeds five hundred thousand dollars ($500,000); and (2) One-half (½) of the breakage to the dime resulting from the wagering. (c) Each licensee conducting dog racing events under the pari-mutuel system may retain as the licensee’s commission an amount not to exceed: (1) Eleven and one-half percent (11.5%) of the first one hundred and fifty thousand dollars ($150,000) of money wagered daily; plus eight percent (8%) on amounts wagered from one hundred and fifty thousand dollars ($150,000) to two hundred and fifty thousand dollars ($250,000); plus six and three quarters percent (6.75%) on amounts wagered from two hundred and fifty thousand dollars ($250,000) to three hundred and seventy-five thousand dollars ($375,000); plus six and one quarter percent (6.25%) on amounts wagered over three hundred and seventy-five thousand dollars ($375,000); and (2) One-half (½) of the breakage to the dime resulting from the wagering.
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