Section 9.17. Approval of deductions.


Latest version.
  • A licensee under s. 562.05 (1) (b) , Stats., shall deduct from the total amount wagered on all animals selected each race, amounts set forth in s. 562.065 (3) (a) , Stats., for win, place, show and multiple pool wagers and pay the balance minus breakage to winning ticket holders. The deduction rates shall receive prior approval from the division and will be effective on the Tuesday following receipt of approval or on a date set by the division. Deduction rates shall be published in either the daily race program or posted in a prominent location at the racetrack during each race performance.
History: Emerg. cr. eff. 8-25-95; cr. Register, January, 1996, No. 481 , eff. 2-1-96.