Kansas Administrative Regulations
Agency 112 - KANSAS RACING AND GAMING COMMISSION
Article 9 - PARIMUTUEL WAGERING
Section 112-9-23 - Payoff on minus pool
Universal Citation: KS Admin Regs 112-9-23
Current through Register Vol. 43, No. 39, September 26, 2024
Each organization licensee shall pay to each holder of any ticket entitling the holder to participate in the distribution of a parimutuel pool the amount wagered by the holder plus a minimum of five percent. This requirement shall be unaffected by the existence of a parimutuel pool that does not contain sufficient money to distribute the five percent to each person holding the tickets.
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