Md. Code Ann., Bus. Reg. § 11-101
Definitions
Effective Jul 1, 2022Added by Acts 1992, c. 4, § 2. Amended by Acts 1992, c. 473, § 2; Acts 1995, c. 590, § 1, eff. Oct. 1, 1995; Acts 1997, c. 749, § 1, eff. June 1, 1997; Acts 2002, c. 418, §§ 2, 3, eff. Oct. 1, 2002; Acts 2005, c. 153, § 1, eff. July 1, 2005; Acts 2016, c. 49, § 1, eff. July 1, 2016; Acts 2022, c. 256, § 1, eff. July 1, 2022; Acts 2022, c. 257, § 1, eff. July 1, 2022.State of Maryland
- (a) In this title the following words have the meanings indicated.
- (b) “Breakage” means the odd cents that remain after all successful bettors are paid to the next lowest multiple of 10 cents.
- (c) “Central Repository” means the Criminal Justice Information System Central Repository of the Department of Public Safety and Correctional Services.
- (d) “Commission” means the State Racing Commission.
- (e) “Handle” means the gross amount, less refunds, of money bet.
- (f) “Harness racing” means the racing of horses that trot or pace in harness while pulling drivers in sulkies.
(g) “Intertrack betting” means:
(1) pari-mutuel betting at a receiving track in the State on a race that is:
- (i) held live or by interstate simulcast at a sending track in the State; and
- (ii) shown simultaneously by video signal at the receiving track; and
- (2) transmission of the bets at the receiving track to the sending track.
- (h) “License” means a license issued by the Commission to hold a race meeting.
- (i) “Licensee” means a person who has been awarded racing days for the current calendar year.
- (j) “Mile thoroughbred racing” means thoroughbred horse races at a track that is at least 1 mile long.
- (k) “Multiple mutuel pool” means a separate pari-mutuel betting pool in which an interest is represented by a single bet on 2 or more horses.
- (l) “Mutuel pool” includes a multiple mutuel pool and a regular mutuel pool.
- (m) “Pari-mutuel betting” means the system of betting in which those who successfully bet on horses that finish in specified positions share the mutuel pool, less the takeout and the breakage.
- (n) “Purse” means the prize money divided among the owners of horses that finish in specified positions in a race.
- (o) “Race meeting” means a period of time to hold racing that extends between specific dates over a number of racing days at a single track.
(p) “Racing” includes:
- (1) harness racing;
- (2) mile thoroughbred racing;
- (3) special thoroughbred racing;
- (4) steeplechase or hurdle racing;
- (5) flat racing; and
- (6) quarter horse racing.
- (q) “Receiving track” means a track where pari-mutuel betting is done on races held at another track.
- (r) “Regular mutuel pool” means a separate pari-mutuel betting pool in which an interest is represented by a single bet on 1 horse.
- (s) “Sending track” means a track where a race is held live or by interstate simulcast and is sent simultaneously by video signal to a receiving track or a satellite simulcast facility under Subtitle 8, Part III of this title.
- (t) “Special thoroughbred racing” means thoroughbred horse racing held by the Maryland State Fair and Agricultural Society, Inc., or the Maryland-National Capital Park and Planning Commission.
- (u) “Takeout” means the part of the handle that is not returned to successful bettors but is otherwise allocated under this title.
- (v) “Track” means a place where racing is held.
Added by Acts 1992, c. 4, § 2. Amended by Acts 1992, c. 473, § 2; Acts 1995, c. 590, § 1, eff. Oct. 1, 1995; Acts 1997, c. 749, § 1, eff. June 1, 1997; Acts 2002, c. 418, §§ 2, 3, eff. Oct. 1, 2002; Acts 2005, c. 153, § 1, eff. July 1, 2005; Acts 2016, c. 49, § 1, eff. July 1, 2016; Acts 2022, c. 256, § 1, eff. July 1, 2022; Acts 2022, c. 257, § 1, eff. July 1, 2022.
Formerly Art. 78B, §§ 11, 12, 16, 16A, 17, 27, 30.