Section 11-611 – Transfer of Race Meetings
Subject to the hearing provisions of § 11–612 of this part, the Commission may authorize a licensee to transfer a race meeting from the licensee’s own track to another track: (1) on receipt of the appropriate license fees; and (2) with the express consent of the owner or lessee of the track to which the transfer is […]
Section 11-612 – Hearing for Increased or Transferred Days
(a) Except as otherwise provided in this section, the Commission shall hold a public hearing before the Commission awards, for racing at a particular track, racing days that: (1) total at least 3 more than those awarded for racing at that track in the previous calendar year; or (2) result from the transfer of racing days to that […]
Section 11-613 – Takeout and Winnings
(a) (1) A licensee whose average handle is $150,000 or less shall keep the breakage. (2) A licensee whose average handle is over $150,000 shall: (i) allocate 50% of the breakage to the Sires Stakes Program; and (ii) keep 50% of the breakage to pay for personnel-related expenses, physical improvements, track maintenance, and indebtedness related to the track, including indebtedness […]