Average handle of $600,000 or less -- General takeout allocation

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    A licensee whose average handle is $600,000 or less shall:

        (1)    allocate 0.32% of each mutuel pool to the Commission as State tax;

        (2)    subject to § 11–618 of this part, allocate 0.25% of each mutuel pool to the Maryland Harness Track Employees Pension Fund;

        (3)    allocate for purses 0.18% of each mutuel pool, or an amount that is otherwise agreed to by the licensee and the organization representing a majority of the harness owners and trainers in the State, which shall provide revenue in addition to any other funds set aside for purses by private parties;

        (4)    keep 18.00% of each regular mutuel pool;

        (5)    keep 20.00% of each multiple mutuel pool on 2 horses; and

        (6)    keep 26.00% of each multiple mutuel pool on 3 or more horses.


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