KRS 230.3615: Limitation on commission of operator of Thoroughbred race track --

Breaks -- Payment for backside improvement fund.

(1) The commission, including the tax levied in KRS 138.510, deducted from the gross

amount wagered by the association wh ich operates a race track under the

jurisdiction of the Kentucky Horse Racing and Gaming Corporation and conducts

the Thoroughbred racing at which betting is conducted through a pari -mutuel or

other similar system, in races where the patron is required to select one (1) horse,

and the breaks, which breaks shall be made and calculated in accordance with KRS

230.295, except on races previously run in which the breaks shall be made and

calculated in accordance with KRS 230.295 or retained in the pari -mutuel po ols,

shall not be more than seventeen and one-half percent (17.5%).

(2) The commission, including the tax levied in KRS 138.510, deducted from the gross

amount wagered by the person, corporation, or association which operates a race

track under the jurisdiction of the Kentucky Horse Racing and Gaming Corporation

and conducts Thoroughbred racing at which betting is conducted through a pari -

mutuel or other similar system shall not exceed twenty -two percent (22%) of the

gross handle in races where the patron i s required to select two (2) or more horses,

and the breaks, which breaks shall be made and calculated in accordance with KRS

230.295, except on races previously run in which the breaks shall be made and

calculated in accordance with KRS 230.295 or retained in the pari-mutuel pools.

(3) The minimum wager to be accepted by any licensed association shall be ten cents

($0.10). The minimum pay -off on a one dollar ($1) wager shall be one dollar and

ten cents ($1.10); but, in the event of a minus pool, the minimu m pay-off for a one

dollar ($1) wager shall be one dollar and five cents ($1.05).

(4) Each association conducting Thoroughbred racing shall pay to the corporation all

moneys allocated to the backside improvement fund in an amount equal to one -half

of one percent (0.5%) of its on-track pari-mutuel wagers.