yourstate.us
Md. Code, Bus. Reg. § 11-704

Md. Code, Bus. Reg. § 11-704

Maryland · Maryland Code, Business Regulation · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Md. Code, Bus. Reg. § 11-704, Maryland, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1756598
Permanent ID
ys:prov:1756598@1
SHA-256
f6e85b12f91a588a401186b5e53a64245740b548a4974ba2bc0d55a494d2a6b8

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) (1) The licensee shall deduct from the handle: (i) all the breakage; and (ii) an amount not to exceed 25%. (2) Excluding the breakage, of the amount the licensee deducts from the handle, 36% of that amount 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) Money that remains after deductions are made under subsection (a) of this section shall be returned as winnings to successful bettors.