Source: http://www.mainelegislature.org/legis/statutes/8/title8sec286.html
Timestamp: 2017-12-13 15:22:12
Document Index: 280721613

Matched Legal Cases: ['§286', '§286', '§286', '§285', '§286', '§46', '§46', '§46', '§46', '§46', '§46', '§3', '§3', '§3', '§46', '§46', '§46', '§46', '§46', '§3']

Title 8, §286: Calculation of distribution of commission
§286 PDF
§286 MS-Word
§285-B
§286. Calculation of distribution of commission
1. Live racing. The distribution of the commission on live racing is calculated as percentages of the handle and distributed as follows.
A. On exotic wagers:
(1) The state share is 2.248%;
(2) The Sire Stakes Fund share is 1.551%;
(3) The Stipend Fund share is 1.169%;
(4) The purse supplement share is 0.99%;
(5) The Harness Racing Promotional Fund share is 0.25%;
(6) The horsemen's purse share is 3.315%; and
(7) The track share is 16.477%. [1997, c. 528, §46 (NEW).]
B. On regular wagers:
(1) The state share is 0.493%;
(2) The Sire Stakes Fund share is 0.072%;
(3) The Stipend Fund share is 1.186%;
(4) The purse supplement share is 0.986%;
(6) The horsemen's purse share is 0.526%; and
(7) The track share is 14.487%. [1997, c. 528, §46 (NEW).]
2. Off-track betting facility intrastate simulcasting. The distribution of the commission on simulcasting of races originating at a racetrack in the State by an off-track betting facility is calculated as percentages of the handle and distributed as follows.
(1) The state share is 2.248% for an off-track betting facility located in the same municipality as a commercial track and 2.578% for all other facilities;
(4) The Harness Racing Promotional Fund share is 0.25%;
(5) The horsemen's purse share is 7.871%;
(6) The track share is 7.922%; and
(7) The off-track betting facility share is 4.659%. [1997, c. 528, §46 (NEW).]
(1) The state share is 0.493% for an off-track betting facility located in the same municipality as a commercial track and 0.823% for all other facilities;
(5) The horsemen's purse share is 5.062%;
(6) The track share is 7.899%; and
(7) The off-track betting facility share is 2.718%. [1997, c. 528, §46 (NEW).]
3. Track intrastate simulcasting. The distribution of the commission on simulcasting of races originating at a racetrack in the State by another racetrack in the State is calculated as percentages of the handle and distributed as follows.
(6) The horsemen's purse share is 4.305%; and
(7) The track share is 15.487%. [1997, c. 528, §46 (NEW).]
(6) The horsemen's purse share is 1.512%; and
(7) The track share is 13.501%. [1997, c. 528, §46 (NEW).]
4. Off-track betting facility interstate simulcasting with commingled pools. The distribution of the commission on simulcasting of races with commingled pools originating at a racetrack in another state by an off-track betting facility is calculated as a percentage of the commission with respect to the State's share and as percentages of the net commission with respect to all other participants' shares and is distributed as follows.
(1) The state share is 8.647% for an off-track betting facility located in the same municipality as a commercial track and 9.801% for all other facilities;
(2) The Sire Stakes Fund share is 5.965%;
(3) The Stipend Fund share is 4.494%;
(4) The purse supplement share is 16.558%;
(5) The Harness Racing Promotional Fund share is 0.962%;
(6) The off-track betting facility share is all amounts not otherwise assigned; and
(7) The off-track betting facility simulcast fund share is 12.951%. [2015, c. 200, §3 (AMD).]
(1) The state share is 2.739% for an off-track betting facility located in the same municipality as a commercial track and 4.405% for all other facilities;
(2) The Sire Stakes Fund share is 0.400%;
(3) The Stipend Fund share is 6.590%;
(4) The purse supplement share is 8.399%;
(5) The Harness Racing Promotional Fund share is 1.389%;
(7) The off-track betting facility simulcast fund share is 18.627%. [2015, c. 200, §3 (AMD).]
[ 2015, c. 200, §3 (AMD) .]
5. Track interstate simulcasting with commingled pools. The distribution of the commission on simulcasting of races with commingled pools originating at a racetrack in another state by a racetrack in the State is calculated as percentages of the commission and distributed as follows.
(1) The state share is 8.647%;
(4) The purse supplement share is 3.809%;
(6) The horsemen's purse share is 16.558%; and
(7) The track share is 59.565%. [1997, c. 528, §46 (NEW).]
(1) The state share is 2.739%;
(4) The purse supplement share is 5.479%;
(6) The horsemen's purse share is 8.399%; and
(7) The track share is 75.004%. [1997, c. 528, §46 (NEW).]
6. Off-track betting facility interstate simulcasting with noncommingled pools. The distribution of the commission on simulcasting of races with noncommingled pools originating at a racetrack in another state by an off-track betting facility is calculated as percentages of the handle and distributed as follows.
(4) The purse supplement share is 4.305%;
(5) The Harness Racing Promotional Fund share is 0.250%;
(6) The off-track betting facility share is 13.110%; and
(7) The off-track betting facility simulcast fund share is 3.367%. [1997, c. 528, §46 (NEW).]
(4) The purse supplement share is 1.512%;
(6) The off-track betting facility share is 11.134%; and
(7) The off-track betting facility simulcast fund share is 3.353%. [1997, c. 528, §46 (NEW).]
7. Track interstate simulcasting with noncommingled pools. The distribution of the commission on simulcasting of races with noncommingled pools originating at a racetrack in another state by a racetrack in the State is calculated as percentages of the handle and distributed as follows.
(4) The purse supplement share is 0.990%;
1997, c. 528, §46 (NEW). 2015, c. 200, §3 (AMD).