N.H. Admin. Code § Lot 8204.02

Current through Register No. 50, December 12, 2024
Section Lot 8204.02 - Commission of Historic Horse Racing Games and Displays
(a) An HHR licensee or the terminal provider shall submit a written request to the commission for permission to offer pari-mutuel wagering on historic horse races.
(b) The written request shall include a detailed description of the following:
(1) The rules that apply to the pari-mutuel wager(s);
(2) The detailed method of calculating payouts and breakage;
(3) The method by which seed pools will be used to ensure that sufficient funds exist at all times pay winning wagers;
(4) The method by which player money will be transferred from a closed pari-mutuel pool to a open pari-mutuel pool;
(5) The method of determining a game outcome;
(6) Available wagering denominations;
(7) Minimum wager amount;
(8) Maximum wager amount;
(9) The amount of takeout for each wager;
(10) Payout calculations set forth in sufficient detail to audit a payout through manual calculation;
(11) The minimum payouts and the method of guaranteeing minimum payouts;
(12) The method of mapping payouts to an entertaining display on the wagering terminal; and
(13) Any other information provided to an independent testing laboratory for use in the testing of the pari-mutuel wagers.
(c) The commission shall approve a request when:
(1) The request includes all of the information required by (b) above to adequately assess the request; and
(2) The proposed historic horse races, games and displays meet the requirements set forth in RS 284:22-b and this chapter.
(d) An HHR licensee shall not offer a new or modified display or game without prior approval of the commission as set forth in this chapter.
(e) The HHR licensee shall permit access to the commission's designated integrity auditor for the conduct of an annual validation of the race data utilized by the terminals.
(f) The licensee shall be responsible for the cost of the service provided by the integrity audit.

N.H. Admin. Code § Lot 8204.02

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