Nevada Revised Statutes
Chapter 466 - Horse Racing
NRS 466.151 - Limitation on commissions deducted by licensee from pari-mutuel wagering; other deductions in paying bets.


1. The commissions deducted by any licensee from pari-mutuel wagering on racing must not exceed 20 percent of the gross amount of money handled in each pari-mutuel pool operated by the licensee during the period of the license.
2. In addition to the commissions provided for in subsection 1, the licensee may deduct odd cents less than 10 cents per dollar in paying bets.
(Added to NRS by 1965, 527; A 1973, 468; 1987, 636)

<< Previous
Next >>

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 466 - Horse Racing

NRS 466.010 - Short title.

NRS 466.015 - Purpose of chapter.

NRS 466.017 - Definitions.

NRS 466.018 - "Board" defined.

NRS 466.019 - "Chariot race" defined.

NRS 466.021 - "Commission" defined.

NRS 466.022 - "Cutter race" defined.

NRS 466.025 - "Heat" defined.

NRS 466.026 - "Horse" defined.

NRS 466.028 - "Pari-mutuel wagering" defined.

NRS 466.029 - "Resort hotel" defined.

NRS 466.030 - Jurisdiction of Board and Commission; regulations.

NRS 466.045 - Certain financial interests of member of Board or Commission prohibited.

NRS 466.065 - Bonds for certain members and employees of Board and Commission.

NRS 466.070 - Employees; laboratory; offices; race meeting officials and stewards; delegation of certain duties of Board.

NRS 466.080 - Account for Racing and Pari-Mutuel Wagering; disposition of proceeds of taxes; grants to licensees.

NRS 466.090 - License required to conduct racing or pari-mutuel wagering; exceptions.

NRS 466.095 - Issuance of license to conduct dog racing or pari-mutuel wagering in connection with certain dog racing prohibited.

NRS 466.100 - Application for license to conduct racing; investigation and recommendation by Board; approval of locations for off-track wagering; disciplinary action; duration of license.

NRS 466.102 - Deposit of advance with application.

NRS 466.104 - Decision of Commission final; preference in awarding dates.

NRS 466.1045 - Bond or deposit required; exemptions.

NRS 466.105 - Application for license to conduct pari-mutuel wagering; investigation and recommendation by Board; approval of locations for off-track wagering.

NRS 466.110 - Limitation on number of days of racing; transfer of meet.

NRS 466.115 - Limitation on issuance of license for conflicting meet.

NRS 466.120 - Fee for license; exemptions.

NRS 466.125 - Tax on conducting racing with pari-mutuel wagering; distribution of portion of pari-mutuel money as purses; exceptions.

NRS 466.130 - Licensing and supervision of certain meetings and races at which pari-mutuel wagering will be conducted; fees.

NRS 466.140 - Awarding of dates for racing; limitations.

NRS 466.150 - Issuance of license; licensee subject to regulations and disciplinary action.

NRS 466.151 - Limitation on commissions deducted by licensee from pari-mutuel wagering; other deductions in paying bets.

NRS 466.153 - Place for conducting and public viewing of wagering.

NRS 466.155 - Wagering outside enclosure or licensed establishment prohibited.

NRS 466.157 - Limitation on wager by agent; off-track wagering by agent prohibited.

NRS 466.159 - Redemption of outstanding pari-mutuel tickets.

NRS 466.160 - Charity day: Limitation on number of days in one meet.

NRS 466.170 - Regulations of Commission; licensing of participants in racing.

NRS 466.171 - Renewal of license as participant in racing: Application to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection.

NRS 466.172 - Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commission. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures fo...

NRS 466.174 - Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish...

NRS 466.176 - Application for license to include social security number of applicant. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting...

NRS 466.180 - Powers of Board and Commission.

NRS 466.190 - Report to Commission by licensee of receipts and disbursements.

NRS 466.200 - Impossibility, impracticability or inadvisability of holding meet; return of fees to licensee.

NRS 466.210 - Regulation of racing by local governments prohibited.

NRS 466.216 - Unlawful use of electrical device or appliance to alter speed of racing animal; penalty.

NRS 466.220 - Prohibited acts; penalties.