Florida Statute 550.6335 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS

Chapter 550
PARI-MUTUEL WAGERING

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F.S. 550.6335

550.6335 Surcharge.—

(1) Any guest track that accepts intertrack wagers may collect and retain a surcharge on any intertrack pool in an amount not to exceed 3 percent of each winning pari-mutuel ticket cashed.

(2) A thoroughbred horse permitholder that accepts wagers on out-of-state races may impose a surcharge on each winning ticket, or interstate pool, on such out-of-state race in an amount not to exceed 5 percent of each winning pari-mutuel winning ticket cashed. If a permitholder rebroadcasts such signal and elects to impose a surcharge, the surcharge shall be imposed on any winning ticket at any guest facility at the same rate as the surcharge on wagers accepted at its own facility. The proceeds from the surcharge shall be distributed as follows: if the wager is made at the host facility, then one-half of the proceeds shall be retained by the host permitholder and one-half shall be paid as purses at the host facility; if the wager is made at a guest facility, then one-half shall be retained by the guest permitholder, one-quarter shall be paid to the host permitholder, and one-quarter shall be paid as purses at the host facility.

Any surcharge taken under this section must be calculated after breakage is deducted from the wagering pool.

History.—s. 52, ch. 92-348; s. 18, ch. 96-364.

F.S. 550.6335 on Google Scholar

F.S. 550.6335 on Casetext

Amendments to 550.6335

Arrestable Offenses / Crimes under Fla. Stat. 550.6335

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 550.6335.

Annotations, Discussions, Cases:

Cases Citing Statute 550.6335

Total Results: 1

Florida Department of Business & Professional Regulation v. Gulfstream Park Racing Ass'n

Court: Fla. | Date Filed: 2007-09-06T00:00:00-07:00

Citation: 967 So. 2d 802, 32 Fla. L. Weekly Supp. 542, 2007 Fla. LEXIS 1597, 2007 WL 2492308

Snippet: by the operation of section 550.71 are sections 550.6335 with regard to permissible surcharges on inter-track….70 with regard to jai alai facilities. See §§ 550.6335, 550.70, Fla. Stat. (2006). Regardless of the