Minn. R. agency 178, ch. 7873, pt. 7873.0110
Upon written request of a Class B or D licensee, or on its own motion, the commission may approve pari-mutuel pools, including types of betting, number and placement of multiple pools in racing programs, and other issues related to pari-mutuel pools that promote the purposes of Minnesota Statutes, chapter 240, and the rules of the commission.
When considering a request for approval of pari-mutuel pools, the commission must consider the success and integrity of racing; the public health, safety, and welfare; and the public interest, necessity, and convenience.
Upon request from an association's director of pari-mutuel racing, the commission's director of pari-mutuels is delegated the authority to approve variation and changes in the pari-mutuel pools previously approved by the commission Before approving a change in a pick (n) pool, the commission's director of pari-mutuels must consult with the commission's deputy or executive director.
With the approval of the commission's executive director or deputy director, the association may guarantee a minimum payout in any pari-mutuel pool. If the guaranteed payout exceeds the amount available for distribution from the amounts wagered, the association shall provide the difference by paying the holders of any winning ticket designating the official winners in the pool.
Minn. R. agency 178, ch. 7873, pt. 7873.0110
Statutory Authority: MS s 240.13; 240.23