Md. Code, Business Regulation § 11-704
This is the official text of Md. Code, Business Regulation § 11-704, part of Maryland’s Code, Business Regulation — governs general business licensing and regulation.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§11–704.
Official statutory text
(a) (1) The licensee shall deduct from the handle:
(i) all the breakage; and
(ii) an amount not to exceed 25%.
(2) Excluding the breakage, of the amount the licensee deducts from the handle, 36% of that amount shall be paid to the Commission, which shall send it to the Comptroller to be credited to the Fair Hill Improvement Fund established in § 5–908 of the Natural Resources Article.
(b) Money that remains after deductions are made under subsection (a) of this section shall be returned as winnings to successful bettors.
(i) all the breakage; and
(ii) an amount not to exceed 25%.
(2) Excluding the breakage, of the amount the licensee deducts from the handle, 36% of that amount shall be paid to the Commission, which shall send it to the Comptroller to be credited to the Fair Hill Improvement Fund established in § 5–908 of the Natural Resources Article.
(b) Money that remains after deductions are made under subsection (a) of this section shall be returned as winnings to successful bettors.
Status: in_force · Read it on the official government site
Dealing with a business matter in Maryland?
See all Maryland Business lawyers
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.