205 Mass. Reg. 7.09

Current through Register 1523, June 7, 2024
Section 7.09 - Host State Participation in Merged Pools
(1) With the prior approval of the Commission, an association licensed to conduct pari-mutuel wagering may determine that one or more of its contests be utilized for pari-mutuel wagering at guest facilities in other states, and may also determine the pari-mutuel pools in guest states be combined with corresponding wagering pools established by it as the host track or comparable wagering pools established by two or more states. (ARCI c. 9 i.c.w. sec. C(1))
(2) Rules of racing established for races held in this state shall also apply to interstate common pools unless the Commission shall have specifically otherwise determined. (ARCI c. 9 i.c.w. sec. C(3))
(3) The Commission shall approve agreements made between the association and other participants in interstate common pools governing the distribution of breakage between the jurisdictions in conformity with the general laws of the Commonwealth. (ARCI c. 9 i.c.w. sec. C(4))
(4) Any contract for interstate common pools entered into by the association shall contain a provision to the effect that if, for any reason, it becomes impossible to successfully merge the bets placed in another state into the interstate common pool formed by the association, or if, for any reason, the Commission's or the association's representative determines that attempting to effect transfer of pool data from the guest state may endanger the association's wagering pool, the association shall have no liability for any measures taken which may result in the guest's wagers not being accepted into the pool. (ARCI c. 9 i.c.w. sec. C(5))
(5) Whenever pools from a guest association have not fully commingled with those of the host association, the host association within the Commonwealth will accept the wagers which it has received from the guest association and calculate the odds based upon these wagers. Any wagers which have not successfully merged into the host pool, upon the authorization of the Commission representative the pools will be closed and the wagers not merged will be returned to the guest association and not calculated into the host association's pools.
(6) Where takeout rates in the merged pool are not identical, the net price calculation shall be the method by which the differing takeout rates are applied where in conformity with M.G.L. c. 128C. (ARCI c. 9 i.c.w. sec. C(2))

205 CMR 7.09