South Dakota § 42-7-102 - Interstate combined wagering pool--Take-out of host jurisdiction or facility--Percentage to state.
Full text of South Dakota South Dakota Codified Laws § 42-7-102 — Interstate combined wagering pool--Take-out of host jurisdiction or facility--Percentage to state., with citation guidance and answers to common questions.
§ 42-7-102. Interstate combined wagering pool--Take-out of host jurisdiction or facility--Percentage to state.
Notwithstanding any other provision of this chapter, the commission may authorize any licensee to participate in an interstate combined wagering pool with one or more other racing jurisdictions. If a licensee participates in an interstate combined wagering pool, the licensee may adopt the take-out of the host jurisdiction or facility.
The State of South Dakota receives one and one-half percent of the total contributed in this state, and the special racing revolving fund and the South Dakota-bred racing fund must each receive one and one-half percent of the total contributed in this state. Subject to the provisions of § 42-7-107, if the licensee participating in the interstate combined wagering pool is a multi-jurisdictional totalizator hub, the total portion to be received by the state is one-fourth of one percent of the total contributed through the hub, of which the special racing revolving fund receives one-fifth of one percent of the total contributed through the hub and the South Dakota-bred racing fund receives one-twentieth of one percent of the total contributed through the hub. Any interstate combined wagering pool may only apply to horse and dog racing authorized by this chapter.
Source: SL 1991, ch 350, § 2; SL 1995, ch 241; SL 2005, ch 229, § 9; SL 2026, ch 173, § 2.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 42-7-102
What does South Dakota Codified Laws § 42-7-102 cover?
Section 42-7-102 ("Interstate combined wagering pool--Take-out of host jurisdiction or facility--Percentage to state.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 42-7-102?
A common citation format is "South Dakota Codified Laws § 42-7-102" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 42-7-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.