Oregon Administrative Rules › Chapter 462 - OREGON RACING COMMISSION › Division 220 - MULTI-JURISDICTIONAL SIMULCASTING AND INTERACTIVE WAGERING TOTALIZATOR HUB › Section 462-220-0100 - Advanced Deposit Wagering on Past Live Racing Products

Current through Register Vol. 63, No. 7, July 1, 2024
(1) "Animal Races", when used in ORS
			 462.725,
			 means pari-mutuel wagering on all forms of animal racing authorized by the
			 Commission including but not limited to live animal races and previously held
			 animal races. When used pursuant to ORS
			 462.725,
			 previously held animal races include, but are not limited to, audiovisual,
			 audio or other forms of recordings of historical animal races in addition to
			 virtual depictions (animated, computer simulated or other artificial
			 representation) of previously held animal races.
(2) "Past live racing product" means a real
			 time pari-mutuel race that is created by a multi-jurisdictional wagering hub
			 utilizing past live race results, which have been archived and randomly
			 selected, to rebroadcast the past live race for simulcast wagering
			 purposes.
(3) Operations.
(a) The race card will be selected at random
			 from the library of live races previously run.
(b) The player will be provided with three or
			 more data points of past live race performances showing the relative merits of
			 the contestants.
(c) The data
			 points may be adjusted by the hub to protect against the unmasking of the
			 actual race and such adjustment will be subject to confidential review by and
			 approval of the Oregon Racing Commission.
(d) The takeout rate may not exceed 22%
			 unless otherwise approved by the Oregon Racing Commission upon request from the
			 Hub. Subject to that restriction, the takeout rate shall be set by the
			 multi-jurisdictional wagering hub licensee and reported to the Oregon Racing
			 Commission.
(e) Only contests that
			 were held at licensed racetracks may be used, and the race track shall have
			 licensed its intellectual property, including the right to use the past live
			 race results, to the multi-jurisdictional wagering hub, either directly or
			 indirectly, for such use.
(f) The
			 contests contained in the library need not have the same number of
			 entrants.
(g) Any winnings may be
			 collected through the account wagering hub.
(h) All wagers must be processed through a
			 totalizator company, which is licensed by the Oregon Racing
			 Commission.
(i) The method of
			 randomly selecting the race cards shall be certified by an independent auditor
			 that is approved by the Oregon Racing Commission.
(j) Any incidents that impact the account
			 holders must be reported in an incident report to the Oregon Racing Commission
			 within 48 hours of discovery.
(k)
			 All equipment used to operate past live racing products shall be located in the
			 state of Oregon.
(l) All wagers
			 placed on past live racing products are subject to the "source market fee"
			 provision of these rules.
(m)
			 Incidental to the wager on past live races, the hub shall broadcast the race,
			 including finish, using either the actual audio-video of the past live race or
			 a virtual audio-video of the past live race that replicates, at a minimum, the
			 finish of the past live race.