N.H. Admin. Code § Lot 8201.01

Current through Register No. 44, October 31, 2024
Section Lot 8201.01 - Definitions

The following words and terms shall have the following meanings when used this chapter, unless the context clearly indicates otherwise:

(a) "Applicant" means an individual, association, partnership, joint-venture, corporation, or other type organization or entity who has submitted an application to obtain a license to offer pari-mutuel wagers on historic horse races from the commission;
(b) "Breakage" means the odd cents of all redistribution based on each dollar wagered exceeding a sum equal to the next lowest multiple of 10 cents;
(c) "Commission" means the New Hampshire lottery commission established pursuant to RSA 284:211-a, or its designated staff having authority to perform administrative and clerical functions for the commission;
(d) "Handpay" means a condition where a prize won during a single wager on an historic horse racing terminal exceeds the limit that can be automatically paid by the terminal and requires paperwork to be complete before payment can be made by hand;
(e) "Historic horse race" means "historic horse race" as defined in RSA 284:22-b, I, namely:
(1)" Any horse race whether running or harness, that was previously conducted at a licensed pari-mutuel facility;
(2) Concluded with official results; and
(3) Concluded without scratches, disqualifications, or dead-heat finishes;"
(f) "Historic horse racing" means an electronic wagering system used to create and sell pari-mutuel pools from wagers placed on historic horse races, or the otherwise offer pari-mutuel wagers on such races.
(g) "Historic horse racing (HHR) license" means a license issued in accordance with RSA 284:22-b, II, offer pari-mutuel wagers on historic horse races;
(h) "Historic horse racing (HHR) licensee" means a game operator employer licensee that has bee granted an HHR license under RSA 284:22-b, II;
(i) "Independent testing laboratory" means a laboratory, authorized by the commission through competitive procurement process to perform the functions assigned to it by this chapter;
(j) "Integrity auditor" means a company authorized by the commission through a competitive procurement process to conduct periodic and regular tests on the validity of pari-mutuel wagers, deductions, and payouts for the applicable historic horse racing event, and provides monthly reporting relative to wagers, takeout, breakage and patron payouts;
(k) "Licensee" means "licensee" as defined in RSA 284:22-b, I(b) namely, "any individual, association partnership, joint-venture, corporation, or other organization or other entity which holds a game operate employer license under RSA 287-D;"
(l) "Logic area" means a separately locked cabinet area with its own monitored, locked door or other monitored, locked covering that houses electronic components that have the potential to significantly influence the operation of the terminal;
(m) "Operations provider" means any individual, association, partnership, joint-venture, corporation, other organization or other entity involved in conducting, managing, supervising, directing, or running history horse racing on behalf of a historic horse racing licensee;
(n) "Party to the application" means:
(1) For sole proprietorship, the applicant;
(2) For a partnership, the applicant and all partners including general, limited, and silent partners;
(3) For a privately held corporation, the applicant and all executive officers, directors, stockholder of record, individuals or organizations holding the beneficial interest in any stock, subscribers to an stock, and individuals or organizations who voted any of the voting stock at the last stockholder meeting prior to submitting the application;
(4) For a publicly held corporation, the applicant and all executive officers and directors; or
(5) For any other organization, the applicant and all owners, executive officers, members of the governing board and any other individual or organization holding any membership, financial ownership interest in the applicant;
(o) "Seed pool" means a nonrefundable pool of money that may be funded by the licensee in order ensure that a patron will be paid the minimum amount required on a winning wager placed on historic horse races;
(p) "Takeout" means the amount an HHR licensee is authorized to withhold from a pari-mutuel wag pursuant to RSA 284:22-b, V;
(q) "Terminal" means any self-service totalizator machine or other mechanical equipment used by a patron to place a pari-mutuel wager on one or more historic horse races, including hardware, software, communication equipment, and electronic devices that accepts and processes the cashing of wagers, calculates the odds, payout or both, and records, displays, and stores pari-mutuel wager information; and
(r) "Terminal provider" means the entity that either manufactures the electronic gaming portion of the terminal, or provides the totalizator portion of the system.

N.H. Admin. Code § Lot 8201.01

Derived from Volume XLII Number 6, Filed February 10, 2022, Proposed by #13330, Effective 1/22/2022, Expires 1/22/2032.