Virginia SB159 outlines the distribution of percentages from pari-mutuel pools generated by horse racing wagering.
Virginia SB159 details the distribution of percentages retained from pari-mutuel pools generated by horse racing wagering. These percentages are distributed among the Commonwealth, localities, and various horse racing-related funds and associations. For instance, on pools from live horse racing within the Commonwealth, 1.25 percent is retained, with 0.75 percent going to the Commonwealth as a license tax and 0.25 percent to the locality where the racetrack is located.
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