Or. Admin. Code § 462-200-0430

Current through Register Vol. 63, No. 12, December 1, 2024

Section 462-200-0430 - Takeout Rates in Interstate Common Pools

(1) With the prior approval of the commission, an race meet licensee wishing to participate in an interstate common pool may change its takeout rate so as to achieve a common takeout rate with all other participants in the interstate common pool.

(2) An race meet licensee wishing to participate in an interstate common pool may request that the commission approve a methodology whereby host and guest states with different takeout rates for corresponding pari-mutuel pools may effectively and equitably combine wagers from the different states into an interstate common pool.

Or. Admin. Code § 462-200-0430

RC 3-2000, f. 3-27-00, cert. ef. 5-1-00

Stat. Auth.: ORS 462.700 & ORS 462.720

Stats. Implemented: ORS 462.720