There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 230 HORSE RACING AND SHOWING
230.379 Telephone account wagering -- Use of credit card.
Download pdfat the track where the account is opened. All moneys wagered by telephone account
wagering shall be subject to the applicable pari-mutuel tax levied in KRS 138.510
and shall form a common pool with other pari-mutuel pools at the track for each
posted race. The racing commission shall have authority to promulgate necessary
and reasonable administrative regulations to regulate the conduct of telephone
account wagering, including regulations for the deposit of funds by credit or debit
cards or other means of electronic funds transfer. (2) A track shall accept and tabulate a telephone account wager only from the holder of a telephone wagering account. No person shall directly or indirectly act as an
intermediary, transmitter, or agent in the placing of wagers for a holder of a
telephone wagering account. No person shall in any manner place a wager through
telephone account wagering, on behalf of a holder of a telephone wagering account.
Only the holder of a telephone wagering account shall place a telephone wager. Any
person violating this subsection shall be guilty of a Class A misdemeanor. (3) Telephone account wagering conducted in accordance with the provisions of this section shall not be considered a violation of KRS 528.110. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 480, effective July 15, 2010. -- Amended 2004 Ky. Acts ch. 191, sec. 36, effective July 13, 2004. -- Amended 1992 Ky. Acts
ch. 109, sec. 30, effective March 30, 1992. -- Amended 1990 Ky. Acts ch. 159,
sec. 9, effective March 30, 1990. -- Created 1988 Ky. Acts ch. 376, sec. 4, effective
July 15, 1988.
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