Section 2081 - Market Access Fee for Wagers Placed by a California Resident(a) The entity taking the wager shall pay to the appropriate California Licensee a market access fee based upon the amount of the handle generated by a resident of California as stipulated in the contractual agreement between the entity and the California Licensee and as specified and approved by the Board.(b) The market access fee shall be equal to the amount of the wagers less payment of the winning wagers and the contractual compensation and host fee, if any.(c) Such wagers are to be included in the appropriate pools of the host racing association and daily downloads of the details of the wager(s) will be made to the pari-mutuel database designated by the Board.Cal. Code Regs. Tit. 4, § 2081
1. New section filed 1-18-2002; operative 1-18-2002 pursuant to Government Code section 11343.4 (Register 2002, No. 3). Note: Authority cited: Sections 19440 and 19590, Business and Professions Code. Reference: Section 19604, Business and Professions Code.
1. New section filed 1-18-2002; operative 1-18-2002 pursuant to Government Code section 11343.4 (Register 2002, No. 3).