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11-65-28
Section 11-65-28 Pari-mutuel wagering. (a) Pari-mutuel wagering conducted by an operator shall
be conducted in accordance with the provisions of this section. An operator shall provide
a place or places at the racing facility operated by it at which such operator shall conduct
a pari-mutuel system of wagering by its patrons on the results of horse races or greyhound
races, as the case may be, held at such racing facility. Such place or places shall be provided
with the electronic or mechanical equipment necessary to issue pari-mutuel tickets, as well
as the electronic or mechanical equipment necessary to record the wagering, compute the odds,
and determine the awards to winning bettors, all in an accurate and speedy manner. All such
equipment shall be approved by the commission licensing such operator before being used, but
such commission shall not require the installation of any particular make of such equipment.
(b) Subject to the provisions of subsection (c), a horse racing...
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45-44-151.02
Section 45-44-151.02 State and local taxes. (a) The total parimutuel pools or handle bet by
bettors placing their bets at the Macon County racetrack on greyhound racing events that are
received by television from elsewhere shall be subject to the state privilege tax levied by
Chapter 26A, Title 40, and to all local taxes on parimutuel wagering at the same rate, in
the same manner, and on the same terms as are applicable to the local parimutuel tax on live
greyhound racing conducted at the Macon County racetrack. The total handle bet at the Macon
County racetrack on horse racing events that are received by television from elsewhere shall
be subject to all of the following: (1) A local tax on parimutuel wagering that shall be levied
at the same rates and calculated in the same manner as the commission horse wagering fee levied
pursuant to Section 11-65-30 for horse racing conducted in Class 1 municipalities and shall
be collected, administered, and distributed in the same manner and on...
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11-65-17
Section 11-65-17 Terms of horse racing facility license. (a) A horse racing facility license
issued under this chapter shall be for a period of 20 years, but shall be reviewed annually.
A commission issuing such license shall state therein the person to whom such license is issued,
the duration of such license, the location of the racing facility thereby licensed to be used
for horse racing, and such other conditions of the license and related information as the
commission shall deem proper. A commission shall have no power to modify the terms of a horse
racing facility license, once issued, without the prior written consent of the holder of such
license. A horse racing facility license shall be revocable by the commission only if the
holder thereof shall not be in compliance with the provisions of this chapter or the valid
rules, regulations, and orders of the commission and such noncompliance shall have continued
for 60 days after written notice shall be given to such holder by the...
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11-65-18
Section 11-65-18 Application for operator's license. Depending upon the licensing authority
granted a commission by elections held pursuant to subsection (a) or (b) of Section 11-65-4,
a commission shall be empowered to grant operator's licenses for horse racing and pari-mutuel
wagering thereon or for greyhound racing and pari-mutuel wagering thereon. Any corporation,
partnership, or other business entity desiring to obtain (i) an operator's license to conduct
horse racing and pari-mutuel wagering thereon at a racing facility located in the commission
municipal jurisdiction or (ii) an operator's license to conduct greyhound racing and pari-mutuel
wagering thereon at a racing facility located in the commission municipal jurisdiction, either
through issuance of such license by a commission or transfer of an outstanding license, shall
file with the appropriate commission an application for such license. Such application may,
but need not, be made in conjunction with an application for a...
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11-65-31
Section 11-65-31 Purses for horse races and greyhound races. From the moneys deposited in pari-mutuel
pools for horse races which constitute the "takeout" deducted by a horse racing
operator pursuant to Section 11-65-28(b), each horse racing operator shall apply an amount
equal to seven percent of its total horse racing handle to provide purse moneys for horse
races conducted by such operator. Prior to the commencement of any race meeting, the horse
racing operator conducting such meeting shall estimate the amount of its horse racing handle
to be derived from such meeting. Based upon such estimate, the horse racing operator shall
adopt a schedule providing for a reasonable allocation of purse moneys over the period of
the anticipated race meeting. Any such schedule may be amended from time to time during the
course of a race meeting if it becomes apparent that the operator's actual horse racing handle
for such race meeting will not match its original estimate. Each horse racing...
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11-65-4
Section 11-65-4 Elections required to approve incorporation of commission and conduct of racing
and pari-mutuel wagering thereon. (a) No commission shall be incorporated for a Class 1 municipality
and no horse racing or greyhound racing or pari-mutuel wagering thereon shall be permitted
in such municipality pursuant to this chapter unless the incorporation of such commission,
together with the conduct of horse racing and pari-mutuel wagering thereon or greyhound racing
and pari-mutuel wagering thereon or both such activities, shall have been authorized by an
election held in the host county in which such incorporation and such racing and wagering
activities shall have been approved by both (i) a majority of the votes cast in such election
by voters who reside in the host county (including those voters who reside in the sponsoring
municipality) and (ii) a majority of the votes cast in such election by voters who reside
in the commission municipal jurisdiction. In order to authorize the...
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11-65-1
Section 11-65-1 Legislative declarations and findings. The Legislature hereby finds and declares
as follows: (1) As the basis for enacting Act No. 84-131, the Legislature found and determined
that the conduct within Class 1 municipalities in the state of horse racing events and pari-mutuel
wagering thereon will generate additional revenues for governmental and charitable purposes,
provide additional jobs for the residents of the state and benefit the businesses related
to tourism and recreation within any such municipality and throughout the surrounding areas
of the state; it is desirable to permit the qualified voters of any Class 1 municipality to
determine through referendum whether horse racing and pari-mutuel wagering thereon will be
permitted in such municipality; and for each Class 1 municipality in which horse racing is
approved by the voters thereof, it is necessary and desirable to provide for the establishment
of a racing commission to regulate horse racing and pari-mutuel...
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11-65-19
Section 11-65-19 Review of application for operator's license. (a) A commission shall promptly
consider any application for the issuance or transfer of an operator's license submitted to
it and shall grant or deny the issuance or transfer of such license based on all information
before it, including the results of investigations it deems appropriate. A commission shall
deny a license to any applicant unless it finds as follows: (1) That such applicant is a business
entity, whether a corporation, partnership, or other kind of organization, possessing the
organizational substance, financial soundness, managerial capability, and business experience
with racing and pari-mutuel wagering operations, or with businesses requiring similar managerial
experience and skill, that, in the reasonable judgment of the commission, are necessary to
conduct horse racing and pari-mutuel wagering thereon or greyhound racing and pari-mutuel
wagering thereon, as the case may be, at the location for which an...
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11-65-23
Section 11-65-23 Permits required for certain individuals and companies. No person, firm, corporation,
or partnership shall participate in any horse racing or greyhound racing subject to the jurisdiction
of a commission or in the conduct of any racing event or pari-mutuel wagering thereon, whether
as a horse owner, greyhound owner, trainer, jockey, exercise boy, groom, stable foreman, kennel
foreman, valet, veterinarian, agent, pari-mutuel employee, concessionaire, or employee thereof,
or as an employee of the operator, or enter the racetrack enclosure for either horse racing
or greyhound racing in any capacity other than as a spectator, unless such person or the firm,
corporation or partnership employing such person possesses a permit therefor from the commission
and complies with the provisions of this chapter and all reasonable rules and regulations
of such commission. No permit issued under this section shall be transferable. The provisions
of this section which require a...
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45-44-151.04
Section 45-44-151.04 Provisions respecting hours of racetrack operation. Notwithstanding Part
1 and any rules and regulations of the racing commission now in effect or hereafter promulgated,
all of which are hereby superseded to the extent inconsistent with this section, the racing
operator is hereby authorized to open the Macon County racetrack for business and to conduct
live greyhound racing or televised horse or greyhound racing, or both, and parimutuel wagering
thereon during such hours as it shall deem desirable, however in no event shall the racing
commission be authorized to allow live greyhound racing or televised horse or greyhound racing,
or both, and parimutuel wagering thereon to be conducted after 2:00 AM on Sunday; provided
that the racing operator shall not conduct any live racing event at the Macon County racetrack
before 10:00 AM, nor shall it present any televised racing event before 8:00 AM, with each
such hour to be determined according to the time then applicable...
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