2011 Iowa Code
TITLE III PUBLIC SERVICES AND REGULATION
SUBTITLE 4 GAMBLING
CHAPTER 99D PARI-MUTUEL WAGERING
99D.2 Definitions.


IA Code § 99D.2 What's This?

99D.2 Definitions.

As used in this chapter unless the context otherwise requires:

1. Applicant means an individual applying for an occupational license or the officers and members of the board of directors of a nonprofit corporation applying for a license to conduct a race where pari-mutuel wagering would be permitted under this chapter.

2. Breakage means the odd cents by which the amount payable on each dollar wagered in a pari-mutuel pool exceeds a multiple of ten cents.

3. Claimant agency means a state agency as defined in section 8A.504, subsection 1, or the state court administrator as defined in section 602.1101.

4. Commission means the state racing and gaming commission created under section 99D.5.

5. Holder of occupational license means a person licensed by the commission to perform an occupation which the commission has identified as requiring a license to engage in within the racing industry in Iowa.

6. Licensee means a nonprofit corporation licensed under section 99D.9.

7. Pari-mutuel wagering means the system of wagering described in section 99D.11.

8. Race , racing , race meeting , track , and racetrack refer to dog racing and horse racing, including but not limited to quarterhorse, thoroughbred, and harness racing, as approved by the commission.

9. Racetrack enclosure means all real property utilized for the conduct of a race meeting, including the racetrack, grandstand, concession stands, offices, barns, kennels and barn areas, employee housing facilities, parking lots, and any additional areas designated by the commission.

10. Wagering area means that portion of a racetrack in which a licensee may receive wagers of money from a person present in a licensed racetrack enclosure on a horse or dog in a race selected by the person making the wager as designated by the commission.

83 Acts, ch 187, §2; 84 Acts, ch 1265, §1; 84 Acts, ch 1266, §3; 89 Acts, ch 67, §23; 97 Acts, ch 9, §1; 2004 Acts, ch 1136, §2, 3; 2005 Acts, ch 3, §24; 2008 Acts, ch 1172, §1

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