Notwithstanding any other provision of this chapter, the commission may authorize any licensee to participate in an interstate combined wagering pool with one or more other racing jurisdictions. If a licensee participates in an interstate combined wagering pool, the licensee may adopt the take-out of the host jurisdiction or facility. The State of South Dakota receives one and one-half percent of the total contributed in this state, and the special racing revolving fund and the South Dakota-bred racing fund must each receive one and one-half percent of the total contributed in this state. Subject to the provisions of § 42-7-107, if the licensee participating in the interstate combined wagering pool is a multi-jurisdictional totalizator hub, the total portion to be received by the state is one-fourth of one percent of the total contributed through the hub, of which the special racing revolving fund receives one-fifth of one percent of the total contributed through the hub and the South Dakota-bred racing fund receives one-twentieth of one percent of the total contributed through the hub. Any interstate combined wagering pool may only apply to horse and dog racing authorized by this chapter.

Source: SL 1991, ch 350 , § 2; SL 1995, ch 241 ; SL 2005, ch 229 , § 9; SL 2026, ch 173 , § 2.