Arkansas Administrative Code › Agency 006 - Department of Finance and Administration › Division 06 - Racing Commission › Rule 006.06.19-022 - CGR 22 Off Track Pari-Mutuel Wagering

Current through Register Vol. 49, No. 6, June, 2024
22.010
Scope.
These Rules govern
			 all off-track pari-mutuel wagering in Arkansas for which a license or approval
			 has been granted by the Commission pursuant to Amendment 100. A casino licensee
			 that is also a franchise holder may elect to have its race book operations
			 relating to pari-mutuel wagering on horse and greyhound racing regulated and
			 governed by the Arkansas Horse Racing Law at Ark. Code Ann. §
								23-110-101, et
			 seq., or the Arkansas Greyhound Racing Law at Ark. Code Ann. §
								23-111-101, et
			 seq., respectively, and rules promulgated by the Commission thereunder and not
			 by these Rules.
22.020
Definitions.
As used in this Rule:
1. "Affiliate" has the same meaning as
			 defined in these Rules.
2.
			 "Breakage" means:
(a) The rounding of a
			 payout on a winning pari-mutuel wager, as determined by the track in accordance
			 with the laws and regulations that are applicable to the jurisdiction in which
			 the track operates;
(b) Those
			 deficiencies arising from payouts made pursuant to these Rules; or
(c) Those deficiencies arising from the
			 payment of a guaranteed payout pursuant to these Rules.
3. "Commission" means the Arkansas Racing
			 Commission or the Commission's designee.
4. "Commission on wagers" ("takeout") means
			 the amount retained and not returned to patrons by a pari-mutuel book from the
			 total amount of off-track pari-mutuel wagers.
5. "Foreign track" means a track located
			 outside of the United States.
6.
			 "Gross revenue" means the amount of the commission on wagers received by a
			 licensee, plus positive breakage and the dollar amount of winning tickets that
			 remain unpaid pursuant to this Rule, less negative breakage and the amount paid
			 to a track for the right to be part of an interstate or intrastate common
			 pari-mutuel pool ("track fee").
7.
			 "Interstate common pari-mutuel pool" means a pari-mutuel pool consisting of the
			 pari-mutuel wagers placed at a track, its intrastate betting locations, other
			 jurisdictions and the off-track pari-mutuel wagers placed and accepted at
			 pari-mutuel books.
8. "Intrastate
			 common pari-mutuel pool" means a pari-mutuel wagering pool operated by a
			 systems operator consisting solely of the wagers placed and accepted at two or
			 more pari-mutuel books on races at tracks.
9. "Live audio visual signal" ("simulcast")
			 means the audio and visual transmission of a race, or series of races, as it
			 occurs at a track.
10. "Manual
			 merge" means the process used in the event of a systems or communications
			 failure by which the systems operator transmits to the track through telephone,
			 telecopy, cellular, or other means of communication, the pari-mutuel books
			 wagering information and the process by which the track includes the off-track
			 pari-mutuel wagers in the interstate common pari-mutuel pool in such
			 event.
11. "Nonpari-mutuel race
			 wager" means a wager other than one offered to be included in an interstate or
			 intrastate common pari-mutuel pool.
12. "Off-track pari-mutuel system" means a
			 computerized system or component of a system that is used to transmit wagering
			 data:
(a) In an interstate common pari-mutuel
			 system, to and from a track which offers interstate common pari-mutuel pools;
			 or
(b) In an intrastate common
			 pari-mutuel system, between the pari-mutuel books and a systems operator, and
			 includes the totalizator equipment used to determine the winners of and payoffs
			 on intrastate common pari-mutuel pools.
13. "Off-track pari-mutuel wager" means
			 either:
(a) A wager placed by a patron and
			 accepted by a pari-mutuel book on a race or races offered as part of an
			 interstate common pari-mutuel pool whether or not the wager is actually
			 included in the total amount of the interstate common pari-mutuel pool;
			 or
(b) A wager placed by a patron
			 and accepted by a pari-mutuel book on a race or races offered as part of an
			 intrastate common pari-mutuel pool.
14. "Pari-mutuel book" means a race book that
			 has received a license to accept off-track pari-mutuel wagers pursuant to the
			 provisions of this Rule. The term "pari-mutuel book" shall include pari-mutuel
			 only books, unless stated otherwise within this Rule.
15. "Pari-mutuel only book" means a race book
			 that has received a license to accept off-track pari-mutuel wagers pursuant to
			 the provisions of this Rule, but has elected not to accept nonpari-mutuel race
			 wagers.
16. "Post time" means "post
			 time" as that term is defined in these Rules.
17. "Source market fee" means a track fee
			 paid for accepting wagering account wagers, in accordance with these Rules,
			 from a customer residing in the track's defined market area.
18. "Systems operator" or "operator of a
			 system" means a person engaged in providing the off-track pari-mutuel system or
			 services directly related to the reconciliation of the interstate or intrastate
			 common pari-mutuel pool and transfers of funds between the tracks and the
			 pari-mutuel books, or among the pari-mutuel books.
19. "Track" means an out-of-state facility
			 licensed to operate horse or other racing where pari-mutuel wagering on races
			 is conducted, or a person licensed in another jurisdiction to conduct
			 pari-mutuel wagering on such races. Where applicable, the term also includes a
			 person or governmental agency from outside this state that operates a track,
			 holds a track's rights to off-track pari-mutuel wagering or shares in its
			 revenues. The term also includes an association of tracks.
20. "Wagering data" means the information
			 regarding results, actual payouts, and the amount of pari-mutuel and off-track
			 pari-mutuel wagers accepted for each race or group of races in an interstate or
			 intrastate common pari-mutuel pool.
21. "Wagering information" means the amount
			 of off-track pari-mutuel wagers accepted for each race or group of races by a
			 pari-mutuel book.