Texas § 2027.053 COMMISSION APPROVAL REQUIRED FOR PARI-MUTUEL POOL INCLUSION.

Texas Statutes

§ 2027.053 — COMMISSION APPROVAL REQUIRED FOR PARI-MUTUEL POOL INCLUSION.

Texas § 2027.053

Code OCOccupations Code

This text of Texas § 2027.053 (COMMISSION APPROVAL REQUIRED FOR PARI-MUTUEL POOL INCLUSION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Occupations Code Code Ann. § 2027.053 (2026).

Text

Sec. 2027.053. COMMISSION APPROVAL REQUIRED FOR PARI-MUTUEL POOL INCLUSION.

(a)With commission approval:

(1)wagers accepted on a simulcast race by any out-of-state receiving location may be included in the pari-mutuel pool for the race at the sending in-state racetrack association; and

(2)wagers accepted by an in-state racetrack association on a race simulcast from out-of-state may be included in the pari-mutuel pools for the race at the out-of-state sending track.

(b)The commission may adopt rules necessary to facilitate the interstate commingling of pari-mutuel pools as provided by Subsection (a).

(c)The racetrack where the wager is made is responsible for reporting and remitting this state's share of the pari-mutuel pool.

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Sec. 2027.053. COMMISSION APPROVAL REQUIRED FOR PARI-MUTUEL POOL INCLUSION. (a) With commission approval:
(1) wagers accepted on a simulcast race by any out-of-state receiving location may be included in the pari-mutuel pool for the race at the sending in-state racetrack association; and
(2) wagers accepted by an in-state racetrack association on a race simulcast from out-of-state may be included in the pari-mutuel pools for the race at the out-of-state sending track.
(b) The commission may adopt rules necessary to facilitate the interstate commingling of pari-mutuel pools as provided by Subsection (a).
(c) The racetrack where the wager is made is responsible for reporting and remitting this state's share of the pari-mutuel pool.