Section Lot 8203.03 - Distribution of Revenue(a) As set forth in RSA 284:22-b, V, the HHR licensee shall collect a takeout on all historic horse racing pari-mutuel pools at a rate of not greater than 12 percent.(b) In accordance with RSA 284:23, I(d), the HHR licensee shall distribute 25 percent of the takeout following: (1) The 2 charitable organizations sponsoring the event shall share in 35 percent of the funds; and(2) The remaining 65 percent of the funds shall be paid to the commission monthly.(c) When calculating the charitable organization's share of the revenue, the HHR licensee shall round up to the nearest penny.(d) The licensee shall distribute and report the revenue from historic horse racing with the revenue distribution and reporting for games of chance, as set forth in Lot 7208.02 and Lot 7208.03.(e) In accordance with RSA 284:22-b, V, the HHR licensee shall submit 100 percent of the breakage collected from winning wagers to the commission for problem gambling services with the exception the breakage resulting from a wager of less than one dollar shall be returned to the pool.N.H. Admin. Code § Lot 8203.03
Derived from Volume XLII Number 6, Filed February 10, 2022, Proposed by #13330, Effective 1/22/2022, Expires 1/22/2032.