Centennial Turf Club, Inc. v. Colorado Racing Commission

Pursuant to a favorable vote of the people on a referred Act submitted to the people in 1948, the legislature in 1949 adopted “An Act Authorizing, Regulating and Providing for Licensing the Racing of Horses and Other Animals with Pari Mutuel Wagering,” known as chapter 207, Session Laws of 1949. The provisions of this Act that are involved in the present consideration are section 7 and section 11, which are as follows:

“Section 7. License Fees. For the privilege of conducting racing under a license issued under this Act, the licensee shall pay to the commission, five per cent (5%) of the gross…