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Ind. Code § 4-31-2.1-25

"Pari-mutuel wagering"

As added by P.L.105-2022, SEC.2.

Sec. 25. "Pari-mutuel wagering" means a system of wagering in which those persons who wager on horses that finish in specified positions share the total amount wagered, minus deductions permitted by law.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.