La. Admin. Code tit. 35 § XV-12701

Current through Register Vol. 50, No. 8, August 20, 2024
Section XV-12701 - Definitions
A. As used in this Chapter, the following shall mean:

Commission or Racing Commission- the regulatory body with statutory jurisdiction over the host or guest track or other pari-mutuel facilities, as applicable.

GuestState- the jurisdiction within which a guest track is located.

Guest Track or Receiving Track- the race track, off-track wagering facility or other facility in a state other than the state in which the race is run that is the subject of the interstate common pools.

HostState- the jurisdiction within which a host track is located.

Host Track or Sending Track- the race track at which the race is run that is the subject of the interstate common pools.

Interstate Common Pools or Merged Pools- a pari-mutuel pool established within one state (usually at a host track) within which is combined comparable pari-mutuel pools of one or more guest tracks upon a race run at the host track, for purposes of establishing payoff prices in the various jurisdictions. There may be more than one state simultaneously combining pari-mutuel pools into the common pool in the host state. Where the laws and rules of the host and guest states permit, and with concurrence of the host track, the merged pool may be established on a regional or other basis between two or more guest states but not involving a merger into the host tracks' pari-mutuel pool, in which eventuality one of the guest tracks shall serve as if it were the host track for purposes of calculating the pari-mutuel pool on which payoff prices are calculated.

La. Admin. Code tit. 35, § XV-12701

Promulgated by the Department of Economic Development, Racing Commission, LR 17:259 (March 1991).
AUTHORITY NOTE: Promulgated in accordance with R.S. 4:141, R.S. 4:148 and R.S. 4:211-227.