| | | Each slot machine is subject to a uniform location agreement | | between the slot machine distributor and the slot machine | | operator.__A copy of the agreement must be submitted to the board | | for approval. The uniform location agreement is the complete and | | sole agreement between the slot machine operator and the slot | | machine distributor regarding slot machines.__No other agreement | | between the slot machine operator and the slot machine | | distributor is legally binding. |
|
| | | §1034.__Disclosure of other contracts and agreements |
|
| | | A slot machine operator must submit to the board all contracts | | or agreements the slot machine operator establishes with a slot | | machine distributor, licensed gambling services vendor, licensed | | nongambling services vendor or a key individual. |
|
| | | §1035.__Location of slot machines |
|
| | | Slot machines may be located only on the premises of a | | commercial track. |
|
| | | §1036. Allocation of funds |
|
| | | 1. Distribution from commercial track.__A slot machine | | operator shall collect and distribute gross slot machine income | | from slot machines operated by the slot machine operator as set | | out in this subsection. |
|
| | | A.__Prior to any distribution under paragraph B, the slot | | machine operator shall forward the compensation percentage | | determined pursuant to section 1037 to the board, which | | shall forward it to the State Controller to be credited to | | the General Fund. |
|
| | | B. After the distribution made pursuant to paragraph A, the | | slot machine operator shall send 25% of the remainder of the | | total gross slot machine income to the board for | | distribution by the board as follows: |
|
| | | (1) One percent of the total gross slot machine income | | must be retained for administrative expenses of the | | board. An amount not to exceed $250,000 may be expended | | by the board for addiction counseling services in | | accordance with rules adopted by the board; |
|
| | | (2) Seven percent of the total gross slot machine | | income must be used by the board to supplement harness | | racing purses and must be disbursed for that purpose at | | the times and in the manner prescribed in section 298; |
|
|