Current through Register Vol. 54, No. 49, December 7, 2024
Section 173.6 - Distribution of common pari-mutuel pool(a) Money in a common pari-mutuel pool shall be distributed to the holders of winning pari-mutuel tickets in conformity with the common practice of the pari-mutuel system.(b) Money in a common pari-mutuel pool may be distributed to the holders of winning pari-mutuel tickets according to a net pricing calculation which reflects differing retention rates approved under the laws of the Commonwealth and other jurisdictions accepting wagers for inclusion into the common pari-mutuel pool.(c) The procedures established for the administration of the common pari-mutuel pool shall include a procedure for the following:(1) Distributing money in the common pari-mutuel pool to the holders of winning tickets.(2) Allocating breakage between the entities contributing to the common pari-mutuel pool.(3) Allocating funds for uncashed winning tickets between the entities contributing to the common pari-mutuel pool.(4) Providing an accounting to the licensed corporation for submission to the Commission of contributions to and distributions from the common pari-mutuel pool.(d) Funds for uncashed winning tickets allocated to a licensed corporation shall be distributed by the licensed corporation as provided under section 202(b) of the act (4 P. S. § 325.202(b)).(e) If wagers placed in this Commonwealth cannot be transmitted for inclusion in a common pari-mutuel pool established under this chapter, the licensed corporation may do one of the following: (1) Refund all amounts wagered to patrons holding pari-mutuel tickets representing wagers placed for inclusion in the common pari-mutuel pool if the refund is announced over the public address system of the licensed corporation prior to the official start of the race.(2) Establish a pari-mutuel pool consisting solely of amounts wagered within this Commonwealth.