LD 1690
pg. 8
Page 7 of 14 An Act To Authorize, Subject to State Referendum, a Tribal Commercial Track and... Page 9 of 14
Download Bill Text
LR 2425
Item 1

 
B. The person has sufficient financial assets and
responsibility to meet any financial obligations imposed by
this chapter and, if applying for a slot machine operator
license or slot machine operator license renewal, has
sufficient financial assets and responsibility to continue
operation of a commercial track or tribal commercial track;

 
Sec. A-19. 8 MRSA §1020, sub-§3, ¶¶A and B, as enacted by PL 2003, c.
687, Pt. A, §5 and affected by Pt. B, §11, are amended to read:

 
A. The total number of slot machines registered in the
State may not exceed 1,500 3,000; and

 
B. A slot machine operator may not operate more than 1,500
slot machines at any one commercial track or tribal
commercial track.

 
Sec. A-20. 8 MRSA §1035, as enacted by PL 2003, c. 687, Pt. A, §5
and affected by Pt. B, §11, is amended to read:

 
§1035. Location of slot machines

 
Slot machines may be located only on the premises of a
commercial track or tribal commercial track.

 
Sec. A-21. 8 MRSA §1036, sub-§2, as amended by PL 2005, c. 109, §1 is
further amended to read:

 
2. Distribution from commercial track or tribal commercial
track. A slot machine operator shall collect and distribute 39%
percentages of the total gross slot machine income from slot
machines operated by the slot machine operator to the board for
distribution by the board as follows:

 
A. Three percent of the total gross slot machine income
must be deposited to the General Fund for administrative
expenses of the board, including gambling addiction
counseling services, in accordance with rules adopted by the
board;

 
B. Ten percent of the total gross slot machine income must
be forwarded by the board to the Treasurer of State, who
shall credit the money to the fund established in section
298 to supplement harness racing purses;

 
C. Three percent of the total gross slot machine income
must be credited by the board to the Sire Stakes Fund
created in section 281;


Page 7 of 14 Top of Page Page 9 of 14