71 Ind. Admin. Code 9-2.2-1

Current through December 4, 2024

Section 71 IAC 9-2.2-1 - Purpose

Authority: IC 4-31-7.5-11

Affected: IC 4-31-7.5-1

Sec. 1.

(a) Advance deposit wagering is permitted in Indiana, subject to IC 4-31-7.5 and this article.

(b) These rules have been enacted to:

(1) recognize changes in technology for pari-mutuel wagering and to retain for the Indiana horse racing industry a part of revenues generated by Indiana residents on wagers placed with secondary pari-mutuel organizations;

(2) to ensure that advance deposit wagering on horse races in Indiana will be conducted with the highest of standards and the greatest level of integrity;

(3) to establish application, license, and operational criteria to conduct advance deposit wagering activities in order to ensure the protection of the public interest; and

(4) to ensure that the process for the issuance of licenses relating to advance deposit wagering is fair and equitable.

71 IAC 9-2.2-1

Indiana Horse Racing Commission; 71 IAC 9-2.2-1; emergency rule filed Aug 29, 2018, 11:12 a.m.: 20180905-IR-071180370ERA

Readopted filed 7/6/2023, 1:50 p.m.: 20230802-IR-071230371RFA

NOTE: Agency cited as 71 IAC 9-2.1-1, which was renumbered by the Publisher as 71 IAC 9-2.2-1.