Florida Statutes 550.6345 – Intertrack wagering; purses when host track is harness racetrack
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 550.6345
- current race meet: means the conduct of racing or games pursuant to a current year's operating license issued by the commission. See Florida Statutes 550.002
- Guest track: means a track or fronton receiving or accepting an intertrack wager. See Florida Statutes 550.002
- Host track: means a track or fronton conducting a live or simulcast race or game that is the subject of an intertrack wager. See Florida Statutes 550.002
A harness race permitholder host track may pay any guest track that receives broadcasts and accepts wagers on races from the host track an additional percentage of the total contribution to the pari-mutuel pool on wagers accepted at that guest track as a supplement to the payment authorized in s. 550.6305. A harness race permitholder host track that supplements payments to a guest track may reduce the account available for payment of purses during its current race meet by 50 percent of the supplemental amount paid to the guest track, but the total reduction may not exceed an amount which is more than 1 percent of the intertrack wagers placed on races that are part of the regular ontrack program of the host track during its current race meet pursuant to s. 550.615.