|
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-31.htm - 2K - Match Info - Similar pages
11-65-34
Section 11-65-34 Horse breeding fund. Each commission shall establish a special fund to promote
the breeding, raising, and racing of horses in the state, which shall be known as "The
___ [name of the sponsoring municipality] Racing Commission Breeding and Development Fund."
Each horse racing operator shall pay to its licensing commission a breeding fund fee for each
month during which it conducts any horse racing events. For each horse racing operator, the
breeding fund fee for any month shall be an amount equal to one-half of one percent [or, in
the case of any such fee referable to any month during the period of three years immediately
following such operator's receipt of an operator's license, one-quarter of one percent] of
the horse racing handle for such operator for such month. The breeding fund fee payable by
a horse racing operator for a given month shall be paid to the treasurer of the commission
licensing such operator before the end of the succeeding month. All breeding...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-34.htm - 4K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-28.htm - 8K - Match Info - Similar pages
11-65-10
Section 11-65-10 Powers and duties of commission. When authorized by one or more elections
as provided in Section 11-65-4, a commission shall have the powers and duties necessary to
license, regulate, and supervise horse racing and pari-mutuel wagering thereon and greyhound
racing and pari-mutuel wagering thereon within the commission municipal jurisdiction, including,
without limiting the generality of the foregoing, the powers and duties hereinafter set forth
in this section or in other sections of this chapter. (1) A commission shall have succession
in perpetuity, subject only to the provisions of this chapter as it may be amended from time
to time. (2) A commission shall have the power to sue and be sued in its own name in civil
suits and actions and to defend suits against it. (3) A commission shall have the power to
adopt and make use of an official seal and to alter the same at pleasure. (4) A commission
shall have the power to adopt, alter, and repeal bylaws, regulations and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-10.htm - 26K - Match Info - Similar pages
11-65-32
Section 11-65-32 Televised simulcast programming of racing events. (a) A commission shall have
the power to adopt rules and regulations specifying the conditions under which an operator,
as part of its licensed activity, may cause televised simulcast programming of racing events,
including both horse racing and greyhound racing, held at racetracks located outside the state
to be transmitted for public viewing to a racetrack facility within the sponsoring municipality
which is under the jurisdiction of such commission and there made the subject of pari-mutuel
wagering. Any provision of this chapter or any other law to the contrary notwithstanding,
no racing events, including both horse racing and greyhound racing, held at any location in
the state (including a location in the sponsoring municipality) shall be televised to a racing
facility subject to this chapter and made the subject of pari-mutuel wagering at such racing
facility; provided, however, that an operator may use closed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-32.htm - 10K - Match Info - Similar pages
11-65-20
Section 11-65-20 Terms of operator's license. (a) An operator's license issued under this chapter,
whether for horse racing and pari-mutuel wagering thereon or for greyhound racing and pari-mutuel
wagering thereon, shall be for an initial period of 20 years, but shall be subject to renewal
as provided in this section. A commission shall have no power to modify the terms of an operator's
license, once issued, without the prior written consent of the holder of such license. An
operator's license shall be reviewed annually, but such 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
commission stating the circumstances of noncompliance and demanding corrective action. (b)
A commission issuing an operator's license shall state therein...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-20.htm - 16K - Match Info - Similar pages
11-65-30
Section 11-65-30 Commission wagering fees. (a) Each horse racing operator shall pay to the
treasurer of the commission licensing such operator a commission horse wagering fee for each
calendar year during which it conducts any horse racing events. The amount of the commission
horse wagering fee for an operator for a given calendar year shall be equal to the sum of
(i) two percent of the horse racing handle of such operator for such calendar year to the
extent that such handle does not exceed $150,000,000.00 and (ii) four percent of the portion
of the horse racing handle of such operator for such calendar year that exceeds $150,000,000.00.
Each operator shall make payment of its commission horse wagering fee for each calendar year
to the treasurer of the licensing commission in monthly installments. For each calendar year,
the monthly installment referable to any month (other than the month during which the final
racing event for such calendar year shall be conducted) shall be equal to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-30.htm - 6K - Match Info - Similar pages
45-44-151.03
Section 45-44-151.03 Provisions respecting takeout of racing events. In order to provide a
uniform takeout for parimutuel wagering on live greyhound racing events and on horse or greyhound
racing events that are conducted elsewhere and received by television at the Macon County
racetrack, and to enable the Macon County racetrack to maximize its participation in combined
pools with other racetracks both inside and outside the State of Alabama, the Legislature
hereby finds and determines that it is necessary and desirable to authorize the uniform takeout
hereinafter provided for parimutuel pools wagered by bettors present at the Macon County racetrack,
notwithstanding Section 40-26A-2, which section is hereby superseded to the extent that its
provisions purport to govern the takeout at the Macon County racetrack in a manner inconsistent
with this part. Subject to Section 45-44-151.01, relating to adjustment of the takeout for
combined pools, the total takeout allowed to the racing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-151.03.htm - 1K - Match Info - Similar pages
11-65-2
Section 11-65-2 Definitions. (a) The following words and phrases used in this chapter, and
others evidently intended as the equivalent thereof, shall, unless the context clearly indicates
otherwise, have the following respective meanings: (1) ALABAMA-BRED. When this term is used
with reference to a horse, it means a horse which is registered in the registry designated
and administered by a commission in accordance with such rules concerning domicile and registration
requirements as may be established by such commission and which is either (i) foaled from
a mare domiciled in the state during the 10-year period beginning with January 1, 1991, or
(ii) sired by an Alabama stallion and foaled from a mare domiciled in the state at any time
after the expiration of such 10-year period. (2) ALABAMA STALLION. A stallion which is standing
in the state at the time he is bred to the dam of an Alabama-bred horse, which is registered
with a commission, and which is owned or leased by a resident of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-2.htm - 17K - Match Info - Similar pages
11-65-36
Section 11-65-36 Application of net commission revenues. All commission horse wagering fees,
commission greyhound wagering fees, and other fees, commissions, and moneys, including fines
and forfeitures, to which a commission shall be entitled under the provisions of this chapter
shall be paid to the treasurer of such commission and shall be deposited by said treasurer
to the account of such commission. Except for the gross profits of any commission racing day
and the commission greyhound wagering fee referable to greyhound racing on such day that may
be set aside for specific public entities or charitable organizations pursuant to Section
11-65-30.1(c), all such moneys to which a commission shall be entitled that remain after (i)
the payment of all expenses incurred in the administration of this chapter, including (without
limitation thereto) the payment of the salaries and expenses of the members and employees
of such commission, and (ii) the deposit into the breeding fund of all...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-36.htm - 21K - Match Info - Similar pages
|