S.D. Admin. R. 20:04:32:01

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:04:32:01 - Definitions

Terms used in this chapter mean:

(1) "Commingled pool," the combination of wagering data and moneys wagered for specific pools of the host track with wagering data and moneys wagered for specific pools of satellite facilities for the purposes of calculating the odds and the payout prices and allowing for the satellite facilities to adopt the host track's takeout rate;

(2) "Core to core transmission," the accumulation of wagering data in one pari-mutuel facility totalizator system and transmission of this data directly to the totalizator system of another pari-mutuel facility;

(3) "Decoder," a device to convert encrypted audiovisual signals or data, or both, into a form recognizable as the original content of the signals;

(4) "Encryption" or "encrypted," the scrambling or other manipulation of audiovisual signals to mask the original audio and video content of the signals and so cause such signals to be indecipherable and unrecognizable to any person receiving such signal unless the person has a decoder;

(5) "Host track," the racetrack that is conducting live racing;

(6) "Simulcast," a telecast of live audio and visual signals from a live track outside the state of South Dakota to an authorized facility within South Dakota for the purpose of pari-mutuel betting;

(7) "Satellite facility," an off-track betting site authorized by the commission to receive a broadcast of races for the purpose of conducting pari-mutuel wagering;

(8) "Satellite performance," a schedule of races received by a satellite facility;

(9) "Satellite provider," a licensee authorized by the commission to provide satellite wagering to a satellite facility;

(10) "Satellite wagering," pari-mutuel wagering at a satellite facility located within South Dakota;

(11) "Takeout," the percentage of the pari-mutuel pool deducted by the track, which includes pari-mutuel taxes, breakage, etc., prior to distribution of the pool;

(12) "Ticket issuing machine" or "TIM," a machine which prints hard copies of wagers;

(13) "Totalizator system," a computer system that accepts, records, issues, and accounts for all wagering information and transactions that occur during a race meeting;

(14) "Tote" or "tote board," the board on which payouts and approximate odds are posted, the totalizator;

(15) "Handicapping tournament," an organized event, sponsored by one or more licensees after approval by the executive secretary, that permits a player to either purchase or be awarded the opportunity to engage in competitive play against other players;

(16) "Buy-in," an advertised entry fee paid by each player to participate in a handicapping tournament.

S.D. Admin. R. 20:04:32:01

26 SDR 92, effective 1/16/2000.

General Authority: SDCL 42-7-56(13).

Law Implemented: SDCL 42-7-56(13), 42-7-58.1.