Definitions

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  • For the purposes of this chapter, and unless the context requires a different meaning:
    • (1) “added money” means the various fees paid by owners of horses nominated to, entered in and/or starting a race;

    • (2) “purse race” means a race in which the owners of competing horses do not contribute to the prize money;

    • (3) “stake race” means a race that is closed to nominees more than 72 hours before it is to be run with prize money which includes all stakes in addition to the money added by a horse racing association;

    • (4) “simulcast” means the simultaneous audio-visual transmission of a horse race or set of horse races from the race track where the event occurs to another location;

    • (5) “parimutuel take” means that amount, including breaks, to be retained by the parimutuel operator after payment to the holders of winning tickets;

    • (6) “sending jurisdiction” means that state, commonwealth, or territory in which the racing facilities are located and which hosts the race being transmitted.

    • (7) “Outs” means winning or refundable tickets or the prize money for winning or refundable tickets which remain unclaimed or uncashed by a purchaser six (6) months after purchase.

    • (8) “Host track fees” means those fees paid by the simulcaster or simulcast operator to the race track or its agent(s) for the race which is transmitted.


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