Notwithstanding any other provision of this chapter, a person licensed under this chapter to conduct a horse racing meeting shall, as to any payment made to a person who has wagered by contributing to a parimutuel pool operated by such licensee, also deduct the applicable breakage, as defined by Section 19405.
(Amended by Stats. 2000, Ch. 1082, Sec. 83. Effective January 1, 2001.)
Last modified: October 25, 2018