Louisiana Administrative Code
Title 35 - HORSE RACING
Part XV - Off-Track Wagering
Chapter 123 - General Rules
Section XV-12336 - Off-Track Breakage

Universal Citation: LA Admin Code XV-12336

Current through Register Vol. 50, No. 9, September 20, 2024

A. When actual statistics are unavailable to determine breakage from wagering at an off-track wagering facility, the breakage to which an off-track wagering facility is entitled by law shall be in an amount proportionate to the amount wagered at such off-track wagering facility to the total handle at the host track, including the amount wagered at such off-track wagering facility. When statistics are available, the amount of such breakage shall be as provided by law.

AUTHORITY NOTE: Promulgated in accordance with R.S. 4:141 and R.S. 4:211-227.

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