{"data":{"id":"us-md/md.-code-business-regulation-11-515","jurisdiction":"us-md","citation":"Md. Code, Business Regulation § 11–515","heading":"","body":"(a) Except as provided in § 11-516 of this subtitle, the takeout that a licensee deducts from the handle of a race shall be allocated in accordance with this section.\n(b) A licensee shall:\n(1) keep 50% of the breakage;\n(2) allocate 45% of the breakage for purses; and\n(3) allocate 5% of the breakage to the Maryland-Bred Race Fund.\n(c) From the amount that a licensee deducts from each regular mutuel pool, the licensee shall:\n(1) keep 7.70% of each regular mutuel pool, from which the licensee shall pay 0.25% of each regular mutuel pool to the Maryland Race Track Employees Pension Fund;\n(2) allocate 0.32% of each regular mutuel pool to the Commission for State tax;\n(3) allocate 1.10% of each regular mutuel pool to the Maryland-Bred Race Fund;\n(4) allocate 7.70% of each regular mutuel pool for purses;\n(5) allocate 0.18% of each regular mutuel pool as an additional amount for purses; and\n(6) allocate 1% of each regular mutuel pool paid to the Maryland Million, Ltd., for purses of Maryland Million races.\n(d) From the amount that a licensee deducts from each multiple mutuel pool on 2 horses, the licensee shall:\n(1) keep 8.70% of each multiple mutuel pool, from which the licensee shall pay 0.25% of each multiple mutuel pool to the Maryland Race Track Employees Pension Fund;\n(2) allocate 0.32% of each multiple mutuel pool to the Commission for State tax;\n(3) allocate 1.10% of each multiple mutuel pool to the Maryland-Bred Race Fund;\n(4) allocate 8.70% of each multiple mutuel pool for purses;\n(5) allocate 0.18% of each multiple mutuel pool as an additional amount for purses; and\n(6) allocate 2% of each multiple mutuel pool paid to the Maryland Million, Ltd., for purses of Maryland Million races.\n(e) From the amount that a licensee deducts from each multiple mutuel pool on 3 or more horses, the licensee shall:\n(1) keep 11.70% of each multiple mutuel pool, from which the licensee shall pay 0.25% of each multiple mutuel pool to the Maryland Race Track Employees Pension Fund;\n(2) allocate 0.32% of each multiple mutuel pool to the Commission for State tax;\n(3) allocate 1.10% of each multiple mutuel pool to the Maryland-Bred Race Fund;\n(4) allocate 11.70% of each multiple mutuel pool for purses;\n(5) allocate 0.18% of each multiple mutuel pool as an additional amount for purses; and\n(6) allocate 0.75% of each multiple mutuel pool paid to the Maryland Million, Ltd., for purses of Maryland Million races.","path":["Article - Business Regulation"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gbr\u0026section=11-515","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:23Z","sha256":"a01a2a6b45d5e514eb4dfc92643337e4b016c9b4ef620308908a11f848fba892","source_id":"us-md","stale":false,"prev":"us-md/md.-code-business-regulation-11-514","next":"us-md/md.-code-business-regulation-11-515.1"},"notice":"GroundRules: Original legal text. Not legal advice."}