RS 211 - Definitions
Unless the context indicates otherwise, the following terms shall have the meaning ascribed to them below:
(1) "Eligible applicants" means the primary licensee fulfilling the licensure criteria described in this Part.
(2) "Exotic wagers" or "exotic wagering pools" include all pari-mutuel pools except the win, place, or show pools conducted at each race meeting in the state. Examples of exotic wagering pools in common usage are daily double pools, exacta pools, trifecta pools, twin trifecta pools, pick-six pools, and quinella pools.
(3) "Host track" means the Louisiana track at which the race is run.
(4) "Net commission" means the commission retained by a licensee on pari-mutuel wagers on historical horse races, less breakage, settlements, and taxes applicable to such wagers.
(5) "Offtrack wagering facility" means the licensed and authorized location where offtrack wagers may be accepted.
(6) "Pari-mutuel facility" means any pari-mutuel race track conducting race meetings during the 1986-87 racing season and licensed prior to the effective date of this Part.
(7) "Parish seat" means the facility, courthouse, meeting hall, etc., at which the parish governing authority meets on a regular basis in an official capacity.
(8) "Primary licensee" means the licensed association conducting the majority of race days at a pari-mutuel facility.
Acts 1987, No. 203, §1, eff. June 30, 1987; Acts 2021, No. 437, §1, eff. June 21, 2021.