§ 4-31-7-8 — Interstate combined wagering pools

Indiana § 4-31-7-8

• Jurisdiction: Indiana
• Art. 31: PARI-MUTUEL WAGERING ON HORSE RACES
• Ch. 7: Pari-Mutuel Wagering

Text

(a) As used in this section, "host facility" means:
(1) the racetrack at which the horse race is run; or
(2) the facility that is designated as the host facility if the horse
race is run in a jurisdiction that is not participating in the
interstate combined wagering pool.
(b) As used in this section, "host jurisdiction" means the jurisdiction
in which the host facility is located.
(c) As used in this section, "interstate combined wagering pool"
means a pari-mutuel pool established in one (1) jurisdiction that is
combined with comparable pari-mutuel pools from at least one (1)
other horse racing jurisdiction.
(d) As used in this section, "racing jurisdiction" or "jurisdiction"
means a governmental jurisdiction that is responsible for the regulation
of pari-mutuel wagering in that jurisdiction and is a member of the
Association of Racing Commissioners International.
(e) Notwithstanding any other law, the commission may authorize
a permit holder to participate in an interstate combined wagering pool
that is established for the purpose of establishing payoff prices in the
various jurisdictions. When such a permit holder participates in an
interstate combined wagering pool, the permit holder may adopt the
take-out of the host jurisdiction or facility.
(f) The commission may approve types of wagering, distribution of
winnings, and rules of racing for interstate combined wagering pools
that are different from those that normally apply in Indiana.
(g) The commission may do the following:
(1) Allow a permit holder to use at least one (1) of the permit
holder's races for an interstate combined wagering pool at
locations outside the commission's jurisdiction.
(2) Allow pari-mutuel pools in other states to be combined with
pari-mutuel pools in Indiana for the purpose of establishing an
interstate combined wagering pool.
(h) A permit holder's participation in a combined interstate wagering
pool does not cause that permit holder to be considered to be doing
business in any jurisdiction other than the jurisdiction in which the
permit holder is physically located.
(i) Pari-mutuel taxes or commissions may not be imposed on any
amounts wagered in an interstate combined wagering pool other than
amounts wagered in Indiana.
(j) Breakage for interstate combined wagering pools shall be
calculated in accordance with the statutes or rules of the host
jurisdiction and must be distributed among the participating
jurisdictions in a manner agreed to among the jurisdictions.
(k) All wagers accepted by a satellite facility on races originating
from a racetrack in Indiana shall be transmitted to the racetrack for
inclusion in the racetrack's appropriate wagering pool for the purpose
of calculating payoffs to bettors.

Legislative History

As added by P.L.24-1992, SEC.26.