§ 11–704
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Reg. § 11-704 (2026)
Title 11. Horse Racing
Subtitle 7. Racing at Fair Hill
§ 11–704LinkCopy Citation
(a)
(1)
The licensee shall deduct from the handle:
(i)
all the breakage; and
(ii)
an amount not to exceed 25%.
(2)
Excluding the breakage, of the amount the licensee deducts from the handle, 36% of that amount shall be paid to the Commission, which shall send it to the Comptroller to be credited to the Fair Hill Improvement Fund established in § 5–908 of the Natural Resources Article.
(b)
Money that remains after deductions are made under subsection (a) of this section shall be returned as winnings to successful bettors.