State Codes and Statutes
Statutes > Maryland > Business-regulation > Title-11 > Subtitle-7 > 11-704§ 11-704. Takeout and winnings.
(a) Takeout.-
(1) The licensee shall deduct from the handle:
(i) all the breakage; and
(ii) 25%.
(2) From the 25% that the licensee deducts from the handle, 9% of the handle 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) Winnings.- Money that remains after deductions are made under subsection (a) of this section shall be returned as winnings to successful bettors.
[An. Code 1957, art. 78B, §§ 27, 27B; 1992, ch. 4, § 2; 2005, ch. 153.]
