Revised Code of Washington
Chapter 67.16 - Horse Racing.
67.16.170 - Gross receipts—Retention of percentage by licensees.

RCW 67.16.170
Gross receipts—Retention of percentage by licensees.

(1) Licensees of race meets that are nonprofit in nature and are of ten days or less may retain daily for each authorized day of racing fifteen percent of daily gross receipts of all parimutuel machines at each race meet.
(2) Licensees of race meets that do not fall under subsection (1) of this section may retain daily for each authorized day of parimutuel wagering the following percentages from the daily gross receipts of all its in-state parimutuel machines:
(a) If the daily gross receipts of all its in-state parimutuel machines are more than fifty million dollars in the previous calendar year, the licensee may retain daily 13.70 percent of the daily gross receipts; and
(b) If the daily gross receipts of all its in-state parimutuel machines are fifty million dollars or less in the previous calendar year, the licensee may retain daily 14.48 percent of the daily gross receipts.

[ 1998 c 345 § 7; 1991 c 270 § 8; 1987 c 347 § 2; 1985 c 146 § 9; 1983 c 228 § 1; 1979 c 31 § 5.]
NOTES:

Severability—Effective date—Contingent effective date—1998 c 345: See notes following RCW 15.04.090.


Severability—1985 c 146: See note following RCW 67.16.010.

Structure Revised Code of Washington

Revised Code of Washington

Title 67 - Sports and Recreation—Convention Facilities

Chapter 67.16 - Horse Racing.

67.16.010 - Definitions.

67.16.012 - Washington horse racing commission—Creation—Terms—Vacancies—Bonds—Oaths.

67.16.014 - Washington horse racing commission—Ex officio nonvoting members.

67.16.015 - Washington horse racing commission—Organization—Secretary—Records—Annual reports.

67.16.017 - Washington horse racing commission—Compensation and travel expenses.

67.16.020 - Duties of commission—Race meet license—Suspension.

67.16.040 - Commission to regulate and license meets—Inspection.

67.16.045 - Criminal history records—Dissemination.

67.16.050 - Application for meet—Issuance of license—Fee—Cancellation, grounds, procedure.

67.16.060 - Prohibited practices—Parimutuel system permitted—Race meet as public nuisance.

67.16.065 - Use of public assistance electronic benefit cards prohibited—Licensee to report violations.

67.16.070 - Races for local breeders.

67.16.075 - Breeder's awards and owner's bonuses—Eligibility—Certification.

67.16.080 - Horses to be registered.

67.16.090 - Races not limited to horses of same breed.

67.16.100 - Disposition of fees—"Fair fund."

67.16.101 - Legislative finding—Responsibilities of horse racing commission—Availability of interest on one percent of gross receipts to support nonprofit race meets.

67.16.102 - Withholding of additional one percent of gross receipts—Payment to owners—Interest payment on one percent and amount retained by commission—Reimbursement for new racetracks.

67.16.105 - Gross receipts—Commission's percentage—Distributions.

67.16.110 - Broadcasting and motion picture rights reserved.

67.16.130 - Nonprofit race meets—Licensing—Fees.

67.16.140 - Employees of commission—Employment restriction.

67.16.150 - Employees of commission—Commissioners—Financial interest restrictions.

67.16.160 - Rules implementing conflict of interest laws—Wagers by commissioner.

67.16.170 - Gross receipts—Retention of percentage by licensees.

67.16.175 - Exotic wagers—Retention of percentage by race meets.

67.16.200 - Parimutuel wagering at satellite locations—Simulcasts.

67.16.230 - Satellite locations—Fees.

67.16.251 - Handicapping contests.

67.16.260 - Advance deposit wagering.

67.16.270 - Violation of commission rules—Penalties.

67.16.275 - Washington horse racing commission Washington bred owners' bonus fund and breeder awards account.

67.16.280 - Washington horse racing commission operating account.

67.16.285 - Washington horse racing commission class C purse fund account.

67.16.300 - Industrial insurance premium assessments.

67.16.900 - Severability—General repealer—1933 c 55.