Florida Statutes 550.905 – States eligible to join compact
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 550.905
- pari-mutuel wagering: means a system of betting on races or games in which the winners divide the total amount bet, after deducting management expenses and taxes, in proportion to the sums they have wagered individually and with regard to the odds assigned to particular outcomes. See Florida Statutes 550.002
Any state that has adopted or authorized pari-mutuel wagering shall be eligible to become a party to this compact.