(a) (1) Except as provided in paragraphs (2) and (3) of this subsection, all proceeds from the operation of video lottery terminals and table games shall be electronically transferred daily into the State Lottery Fund established under Subtitle 1 of this title and distributed as provided under § 9–1A–27 of this subtitle.
(2) The requirement under paragraph (1) of this subsection does not apply on a day when State government is closed.
(3) The amount from the proceeds of video lottery terminals to be paid to video lottery operation licensees under § 9–1A–27(a)(2), (7), and (8), (b), and (c)(1)(ii) and (2) of this subtitle shall be retained by the licensee.
(b) (1) The Commission shall account to the Comptroller for all of the revenue under this subtitle.
(2) The proceeds from video lottery terminals and table games shall be under the control of the Comptroller and, except as provided in subsections (c) and (d) of this section, shall be distributed as provided under § 9–1A–27 of this subtitle.
(c) A jackpot won at a video lottery terminal that is not claimed by the winner within 182 days after the jackpot is won shall:
(1) become the property of the State; and
(2) be distributed as follows:
(i) 2.5% to the Small, Minority, and Women–Owned Businesses Account established under § 5–1501 of the Economic Development Article;
(ii) 9.5% in local impact grants, in accordance with § 9–1A–31 of this subtitle;
(iii) 10% to the Purse Dedication Account established under § 9–1A–28 of this subtitle;
(iv) 1.5% to the Racetrack Facility Renewal Account established under § 9–1A–29 of this subtitle; and
(v) the remainder to the Education Trust Fund established under § 9–1A–30 of this subtitle.
(d) The admissions and amusement tax may not be imposed on any proceeds from the operation of video lottery terminals and table games.
(e) The Commission shall adopt regulations that allow a video lottery operation licensee to reduce the amount of proceeds when a video lottery operation licensee returns to successful players more than the amount of money bet through video lottery terminals or table games on a given day that are consistent with § 9–1A–01(u) of this subtitle.
Structure Maryland Statutes
Title 9 - Miscellaneous Executive Agencies
Subtitle 1A - Video Lottery Terminals
Section 9-1A-02 - Operation of Video Lottery Terminals
Section 9-1A-03 - Scope of Subtitle
Section 9-1A-04 - Powers and Duties of Commission
Section 9-1A-08 - Additional Information Required; Disqualification of Applicants
Section 9-1A-09 - Eligibility for Funding Racing Licensees
Section 9-1A-10 - Minority Business Requirements; Employment Requirements
Section 9-1A-11 - Requirements for Commencement of Operations; Sanctions
Section 9-1A-12 - Requirements for Contractors Not Licensees
Section 9-1A-14 - Employee Licenses
Section 9-1A-15 - Manufacturer License Requirements
Section 9-1A-17 - Renewal of License
Section 9-1A-18 - License Is Revocable Privilege; Property Right Not Created
Section 9-1A-19 - Transferability of License or Interests
Section 9-1A-20 - Background Investigations
Section 9-1A-21 - Equipment to Be Owned or Leased and Controlled by Commission
Section 9-1A-22 - Target Average Payout Percentage
Section 9-1A-23 - Operation in General
Section 9-1A-25 - Violations; Sanctions; Effect on Other Laws
Section 9-1A-26 - Daily Electronic Transfer of Proceeds; Accounting and Distribution
Section 9-1A-27 - Distribution of Proceeds
Section 9-1A-28 - Purse Dedication Account
Section 9-1A-28.1 - Purse Dedication Account -- Benefit Programs
Section 9-1A-29 - Racetrack Facility Renewal Account
Section 9-1A-30 - Education Trust Fund
Section 9-1A-31 - Local Impact Grants; Local Development Council
Section 9-1A-32 - Transportation
Section 9-1A-33 - Problem Gambling Fund
Section 9-1A-36 - Video Lottery Facility Location Commission
Section 9-1A-37 - Participation of Commission in Legislative Process