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2019 Nevada Revised Statutes
Chapter 466 - Horse Racing
NRS 466.028 - “Pari-mutuel wagering” defined.
Universal Citation: NV Rev Stat § 466.028 (2019)
“Pari-mutuel wagering” means a system of placing wagers on a horse race whereby the wager is placed at a window and equipment is used to pay a person’s winnings in the precise amount of money wagered by persons who did not win, after deducting taxes owed and commissions charged by the race track.
(Added to NRS by 1991, 704; A 1997, 3130)
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