2009 Rhode Island Code
Title 41 - Sports, Racing, and Athletics
CHAPTER 41-4 - Mutuel Betting and License Fees
§ 41-4-5 - Taxes and license fees under auction mutuel system.
SECTION 41-4-5
§ 41-4-5 Taxes and license fees under auction mutuel system. – If events are conducted under the auction mutuel system the following taxes and license fees are hereby imposed:
(1) As to Class B events, a tax of two percent (2%) of the total amount of money wagered and also a license fee of two hundred dollars ($200) per day;
(2) As to Class C events, a tax of one and one half percent (1.5%) of the total amount of money wagered and also a license fee of fifty dollars ($50.00) per day;
(3) As to Class E events, a tax of one percent (1%) of the total amount of money wagered and also a license fee of twenty dollars ($20.00) per day.
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