Sec. 8. As used in this chapter, "source market fee" refers to the amount of an advance deposit wager made on any race:
(1) through a licensed SPMO; and
(2) by an individual whose principal residence is within Indiana at the time the wager is made;
that a permit holder is entitled to receive from the licensed SPMO under the terms of the contract required by section 10 of this chapter between the licensed SPMO and each permit holder.
As added by P.L.268-2017, SEC.12.
Structure Indiana Code
Title 4. State Offices and Administration
Article 31. Pari-Mutuel Wagering on Horse Races
Chapter 7.5. Advance Deposit Wagering
4-31-7.5-3. "Advance Deposit Wagering"
4-31-7.5-4. "Advance Deposit Wagering Account"
4-31-7.5-5. "Communication by Other Electronic Means"
4-31-7.5-7. "Secondary Pari-Mutuel Organization"
4-31-7.5-8. "Source Market Fee"
4-31-7.5-9. Advance Deposit Wagering Permitted
4-31-7.5-10. Licensed Spmo Acceptance of Advance Deposit Wagers
4-31-7.5-12. Licensed Spmo Compliance With Federal Laws
4-31-7.5-13. Secondary Pari-Mutuel Organization License Application
4-31-7.5-14. Extra Costs Incurred by the Commission
4-31-7.5-15. Secondary Pari-Mutuel Organization Licenses
4-31-7.5-18. "Net Source Market Fee"; Fee Payments; Horse Racing Promotion
4-31-7.5-19. Right of Action Against a Secondary Pari-Mutuel Organization