Rule No. : RULE TITLE :
61D-11.018: Reporting Requirements to Determine Net Proceeds or Gross Revenues
NOTICE IS HEREBY GIVEN that the Division of Pari-Mutuel Wagering, Department of Business and Professional Regulation, has received the petition for declaratory statement from Petitioner Calder Race Course, Inc., (Calder) on March 3, 2011, in DBPR Case No. 2011012089 (DS 2011-018).The petition seeks the agency's opinion as to the applicability of Section 849.086(13)(d)2., Florida Statutes, as it applies to the petitioner.
Specifically, the Petition requests the Division of Pari-Mutuel Wagering to declare that under Section 849.086(13)(d)2., Florida Statutes, any supplement from Calder’s cardroom operations to purses and breeders’ awards is in the aggregate for Calder’s “next ensuing racing meeting” based on the aggregation of monthly net proceeds on a calendar year basis, and that Calder may therefore consider all monthly net proceeds for a year, both positive and negative, thus requiring Calder to supplement purses by fifty percent (50%) of such net proceeds only if the sum of the monthly net proceeds is a positive number. Any person whose substantial interests may be affected by a declaratory statement on the subject matter of the Petition may file a petition to intervene within 14 days of the publication of this notice.
A copy of the Petition for Declaratory Statement may be obtained by contacting: Agency Clerk, Department of Business and Professional Regulation, 1940 North Monroe Street, Tallahassee, Florida 32399-2202, phone: (850)921-0342.