Rhode Island Code of Regulations › Title 230 - Department of Business Regulation › Chapter 30 - Commercial Licensing › Subchapter 30 - Gaming and Athletics › Part 4 - Simulcast Wagering (formerly Racing and Athletics Regulation 6) (230-RICR-30-30-4) › Section 230-RICR-30-30-4.2 - Definitions, Constructions, Interpretations

Current through June 14, 2024
A. In
				  applying the rules and regulations as contained herein, including all
				  amendments thereto, the following definitions, constructions and
				  interpretations shall apply:
1. "Betting
				  Interest" means one (1) or more Contestants in a pari-mutuel Contest which are
				  identified by a single program number for wagering purpose.
2. "Breakage" means the Net Pool minus
				  Payoff.
3. "Commission" means a
				  regulatory agency with the authority to regulate racing and or jai alai in
				  another state.
4. "Contest" means a
				  competitive racing or jai alai event on which pari-mutuel wagering is
				  conducted.
5. "Contestant" means
				  each individual race horse, greyhound, or jai alai player or team, that
				  participates in a Contest.
6.
				  "Coupled Entry" means two (2) or more Contestants in a Contest that are treated
				  as a single Betting Interest for pari-mutuel wagering purposes.
7. "Day" means the normal business day of the
				  facility on which the licensee may conduct multiple programs.
8. "Dead Heat" means the finish of a race in
				  which the noses of two (2) or more horses or greyhounds reach the finish line
				  at the same time.
9. "Division"
				  means the Division of Gaming & Athletics, Department of Business
				  Regulation, or the State of Rhode Island.
10. "Game" means a contest between jai alai
				  players or teams on which pari-mutuel wagering is permitted at any licensed
				  fronton.
12. "Guest Association"
				  means an association which offers licensed pari-mutuel wagering on Contests
				  conducted by another association (the host) in either the same state or another
				  jurisdiction.
13. "Handle" means
				  the aggregate of all pari-mutuel pools, excluding wagers.
14. "Host Association" means an association
				  conducting a licensed pari-mutuel Meeting from which authorized Contest or
				  entire Performances are Simulcast.
15. "Inquiry" means an investigation by the
				  Stewards of a foul before they declare the Contest official.
16. "Meeting" means the specified period and
				  dates each year during which an association is authorized to conduct
				  pari-mutuel wagering by approval of the Division.
17. "Minus Pool" means the situation when the
				  amount of money to be distributed on winning wagers is in excess of the amount
				  of money comprising the Net Pool.
18. "Mutuel Field" means two (2) or more
				  Contestants in a Contest that are treated as a single Betting Interest for
				  pari-mutuel wagering purposes because the number of Betting Interests exceeds
				  the number that can be handled individually by the pari-mutuel
				  system.
19. "Net Pool" means the
				  amount of gross ticket sales less refundable wagers and statutory
				  commissions.
20. "Objection" means
				  a verbal claim of foul before the Contest is declared official.
21. "Official Order of Finish" means the
				  order of finish of the Contestants in a Contest as declared official by the
				  Stewards.
22. "Official Starter"
				  means the official responsible for dispatching the horses or greyhounds for a
				  Race.
23. "Official Time" means the
				  Official Time for a Race shall be the period from the first horse or greyhound
				  crosses the starting point until the first horse or greyhound crosses the
				  finish line.
24. "Off Time" means
				  the moment at which, on the signal of the Official Starter, the doors of the
				  starting gate are opened, officially dispatching the horses or greyhounds in
				  each Contest, or the moment of the first serve in a jai alai Game.
25. "Outstanding Ticket" means a winning or
				  refundable pari-mutuel ticket which was not cashed during the Performance for
				  which it was issued.
26.
				  "Pari-Mutuel System" means the electro-mechanical or computerized system and
				  all software (including the Totalisator and off-site betting equipment) that is
				  used to record bets and transmit wagering data.
27. "Patron" means a member of the public
				  present on the grounds of a pari-mutuel association during a Meeting for the
				  purpose of wagering or to observe racing or jai alai.
28. "Payoff" means the amount of money paid
				  to winning wagers.
29.
				  "Performance" means a schedule of Contests conducted on the same Day as
				  authorized by the Division.
30.
				  "Permit" means an authorization by the Division to an association to conduct
				  Simulcast or interstate common and pari-mutuel wagering or a Contest at a
				  specified location.
31. "Post
				  Position" means the pre-assigned position from which a horse or greyhound will
				  leave the starting gate, or the position assigned to a jai alai player or team.
32. "Post Time" means the
				  scheduled starting time for a Contest.
33. "Profit" means the Net Pool after
				  deduction of the amount bet on the winners.
34. "Profit Split" means a division of profit
				  amongst separate winning Betting Interests or winning betting combinations
				  resulting in two (2) or more Payoff prices.
35. "Program" means according to the
				  requirement text:
a. The published listing of
				  all Contests and Contestants for a specific Program.
b. A schedule of Races or Games of either a
				  matinee or evening Performance.
36. "Race" means a Contest between horses or
				  greyhounds at a licensed Meeting on which pari-mutuel wagering is
				  permitted.
37. "Result" means that
				  part of the Official Order of Finish used to determine the pari-mutuel Payoff
38. "Scratch" means the act of
				  withdrawing an entered horse or greyhound from a Contest after the closing of
				  entries.
39. "Simulcast" means the
				  live audio and visual transmission of a Contest to another location for
				  pari-mutuel wagering purposes. The Contest must be sanctioned and/or licensed
				  in the state of origin.
40. "Single
				  Price Pool" means an equal distribution of profit to winning Betting Interests
				  or winning betting combinations through a single Payoff price.
41. "Starter" means a horse or greyhound
				  which becomes an actual Contestant in a Race by virtue of the starting gate
				  opening in front of it upon dispatch by the Official Starter.
42. "Steward" means a duly appointed racing
				  official with powers and duties specified by rules by the state of
				  origin.
43. "Totalisator" means the
				  system used for recording, calculating, and disseminating information on ticket
				  sales, odds and Payoff prices to Patrons of a pari-mutuel wagering
				  facility.
44. "Winner" means the
				  horse or greyhound whose nose reaches the finish line first or a horse which is
				  placed first through disqualification by the Stewards, or a jai alai player or
				  team who first reaches the required number of points in a game.