Title 41
Sports, Racing, and Athletics

Chapter 4
Mutuel Betting and License Fees

R.I. Gen. Laws § 41-4-3

§ 41-4-3. Tax on pari-mutuel betting.

(a) Each licensee conducting racing events under the pari-mutuel system shall pay to the state, and there is hereby imposed:

(1) A tax at the rate of three percent (3%) of the total money wagered on so-called straight (win, place, or show) wagering on the events; and

(2) A tax at the rate of six percent (6%) of the total money wagered on so-called exotic or multiple forms of wagering on the events; and

(3) A tax equal to one-half (½) of the breakage to the dime resulting from the wagering.

(b) Each licensee conducting harness horse racing events under the pari-mutuel system shall pay to the state, and there is hereby imposed:

(1) A tax at the rate of five and one-half percent (5.5%) of so much of the total amount of money wagered daily on the events as does not exceed four hundred thousand dollars ($400,000); six and three quarters percent (6.75%) of so much thereof as exceeds four hundred thousand dollars ($400,000), but does not exceed four hundred and fifty thousand dollars ($450,000); seven and one quarter percent (7.25%) of so much thereof as exceeds four hundred and fifty thousand dollars ($450,000), but does not exceed five hundred thousand dollars ($500,000); and ten percent (10%) of so much of the total amount of money wagered on the events as exceeds five hundred thousand dollars ($500,000);

(2) A tax equal to one-half (½) of the breakage to the dime resulting from the wagering.

(c) Each licensee conducting dog racing events under the pari-mutuel system shall pay to the state, and there is hereby imposed, a tax on such events at the rate of:

(1) Five and one-half percent (5.5%) of the first one hundred and fifty thousand dollars ($150,000) of money wagered daily; plus nine percent (9%) on amounts wagered from one hundred and fifty thousand dollars ($150,000) to two hundred and fifty thousand dollars ($250,000); plus ten and one quarter percent (10.25%) on amounts wagered from two hundred and fifty thousand dollars ($250,000) to three hundred and seventy-five thousand dollars ($375,000); plus ten and three quarters percent (10.75%) on amounts wagered over three hundred and seventy-five thousand dollars ($375,000); and

(2) One-half (½) of the breakage to the dime resulting from the wagering.

History of Section.
P.L. 1934, ch. 2086, § 12; G.L. 1938, ch. 12, § 12; P.L. 1942, ch. 1212, art. 11, § 1; P.L. 1944, ch. 1449, § 1; P.L. 1945, ch. 1567, art. 4, § 1; P.L. 1946, ch. 1718, § 1; P.L. 1947, ch. 1887, art. 8, § 1; P.L. 1951, ch. 2733, art. 3, § 1; P.L. 1952, ch. 3026, art. 3, § 1; P.L. 1953, ch. 3150, art. 3, § 1; P.L. 1954, ch. 3254, art. 3, § 1; P.L. 1955, ch. 3521, art. 3, § 1; P.L. 1956, ch. 3739, art. 3, § 1; G.L. 1956, § 41-4-3; R.P.L. 1957, ch. 44, art. 3, § 1; P.L. 1958, ch. 17, art. 6, § 1; P.L. 1964, ch. 242, art. 6, § 1; P.L. 1968, ch. 114, § 1; P.L. 1971, ch. 222, § 1; P.L. 1972, ch. 49, § 1; P.L. 1977, ch. 147, § 1.