2012 Kentucky Revised Statutes CHAPTER 230 HORSE RACING AND SHOWING 230.361 Regulation of pari-mutuel wagering -- Authorized operation not grounds for revocation or suspension of temporary alcoholic beverage license -- Tickets presumed abandoned -- License for special charitable events.
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230.361 Regulation of pari-mutuel wagering -- Authorized operation not grounds
for revocation or suspension of temporary alcoholic beverage license -- Tickets
presumed abandoned -- License for special charitable events.
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The racing commission shall promulgate administrative regulations governing and
regulating mutuel wagering on horse races under what is known as the pari-mutuel
system of wagering. The wagering shall be conducted only by a person licensed
under this chapter to conduct a race meeting and only upon the licensed premises.
The pari-mutuel system of wagering shall be operated only by a totalizator or other
mechanical equipment approved by the racing commission. The racing commission
shall not require any particular make of equipment.
The operation of a pari-mutuel system for betting where authorized by law shall not
constitute grounds for the revocation or suspension of any license issued and held
under KRS 230.350.
All reported but unclaimed pari-mutuel winning tickets held in this state by any
person or association operating a pari-mutuel or similar system of betting at horse
race meetings shall be presumed abandoned if not claimed by the person entitled to
them within one (1) year from the time the ticket became payable.
The racing commission may issue a license to conduct pari-mutuel wagering on
steeple chases or other racing over jumps; if all proceeds from the wagering, after
expenses are deducted, is used for charitable purposes. If the dates requested for
such a license have been granted to a track within a forty (40) mile radius of the
race site, the racing commission shall not issue a license until it has received written
approval from the affected track. Pari-mutuel wagering licensed and approved under
this subsection shall be limited to four (4) days per year. All racing and wagering
authorized by this subsection shall be conducted in accordance with applicable
administrative regulations promulgated by the racing commission.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 460, effective July 15, 2010. -- Amended
2004 Ky. Acts ch. 191, sec. 16, effective July 13, 2004. -- Amended 1998 Ky. Acts
ch. 237, sec. 6, effective July 15, 1998. -- Amended 1992 Ky. Acts ch. 109, sec. 25,
effective March 30, 1992. -- Amended 1988 Ky. Acts ch. 376, sec. 8, effective July
15, 1988. -- Amended 1986 Ky. Acts ch. 214, sec. 6, effective July 15, 1986. -Amended 1982 Ky. Acts ch. 100, sec. 6, effective July 15, 1982. -- Amended 1978
Ky. Acts ch. 307, sec. 1, effective June 17, 1978. -- Amended 1974 Ky. Acts ch. 403,
sec. 7. -- Created 1960 Ky. Acts ch. 184, sec. 14.
Formerly codified as KRS 230.340.
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