Ind. Code § 4-31-9-1

Current through P.L. 171-2024
Section 4-31-9-1 - Withholdings

A person that holds a permit to conduct a horse racing meeting or a license to operate a satellite facility shall withhold:

(1) eighteen percent (18%) of the total of money wagered on each day at the racetrack or satellite facility (including money wagered on exotic wagering pools, but excluding money wagered on gambling games under IC 4-35); plus
(2) an additional three and one-half percent (3.5%) of the total of all money wagered on exotic wagering pools on each day at the racetrack or satellite facility.

IC 4-31-9-1

Amended by P.L. 255-2015, SEC. 4, eff. 7/1/2015.
As added by P.L. 341-1989 (ss), SEC.2. Amended by P.L. 24-1992, SEC.27; P.L. 233-2007, SEC.10.