§ 44-32-703 — Pari-mutuel pools for race meets and simulcast races

(1) The
pari-mutuel pool for a horse race meet and for simulcast races of the race meet
shall be an intrastate common pool; except that, if the simulcast races are received
by an out-of-state simulcast facility, the pari-mutuel pool may be an interstate
common pool, and, in that case, it shall be operated by the in-state host track
conducting the horse race meet.

(2) An in-state simulcast facility receiving simulcast races from an out-of-state host track may participate either in a pari-mutuel pool into which only the
pari-mutuel wagers on the simulcast races that are placed at the in-state simulcast
facility are taken or in an interstate common pool. The commission shall permit an
operator of an in-state simulcast facility participating in an interstate common pool
to adopt the takeout percentage of the out-of-state host track for the interstate
common pool.

Legislative History

Source: L. 2018: Entire article added with relocations, (HB 18-1024), ch. 26, p. 317, � 2, effective October 1.