DEDUCTIONS FROM HORSE PARI-MUTUEL POOLS.
Tex. OCC Code § 2028.101.
in effect(a) A horse racetrack association shall deduct an amount from each pari-mutuel pool to be distributed as provided by Sections 2028.102 , 2028.103 , and 2028.104 .
(b) The total maximum deduction under Subsection (a) is:
(1) 18 percent from a regular wagering pool;
(2) 21 percent from a multiple two wagering pool; and
(3) 25 percent from a multiple three wagering pool.
Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969 ), Sec. 1.01, eff. April 1, 2019.
