Pari-mutuel wagering defined.
Nev. Rev. Stat. § 466.028
in effectPari-mutuel wagering means a system of placing wagers on a horse race whereby the wager is placed at a window and equipment is used to pay a persons winnings in the precise amount of money wagered by persons who did not win, after deducting taxes owed and commissions charged by the race track.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-466.htmlFetched: 10/4/2026