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Statutes Text

Article - Business Regulation


    (a)    On or before September 15 of each year, the Commission shall submit a report to the Secretary and the Legislative Policy Committee about the preceding calendar year.

    (b)    Each report shall include:

        (1)    a statement of receipts and disbursements of the Commission;

        (2)    a summary of major events that occurred the preceding year that affected horse racing in the State, including any significant changes at tracks in the region as well as a discussion of legislative initiatives in the State;

        (3)    a 5–year assessment of each track regarding:

            (i)    attendance;

            (ii)    purse distributions;

            (iii)    live racing days that are allocated and used;

            (iv)    betting on live racing that is held at that track broken down by the following categories:

                1.    betting conducted at the live track;

                2.    betting conducted at other Maryland tracks;

                3.    betting conducted at satellite simulcast facilities in the State; and

                4.    betting conducted through out–of–state satellite simulcasting;

            (v)    betting that is conducted at the live track on races simulcast from other tracks in the State; and

            (vi)    betting that is conducted at the live track on races simulcast from out–of–state tracks;

        (4)    information on all simulcast betting at satellite simulcast facilities in the State, including information on how much is wagered on in–State races and how much is bet on out–of–state races;

        (5)    information on all simulcast betting that is conducted out of state on races being run live in this State;

        (6)    to the extent available, information on the breeding industry in the State, including:

            (i)    the number of breeders in the State;

            (ii)    the number of foals registered in the State;

            (iii)    the average sales prices of foals; and

            (iv)    any other information pertaining to the regional and national ranking of the State for breeding;

        (7)    all other information that is currently provided by the Commission in its annual report;

        (8)    additional information on satellite simulcast facilities, as required under § 11–831 of this title; and

        (9)    any other information that is useful in explaining the financial viability of horse racing in the State and any recommendations to improve the industry.