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Can you summarize ARAR 006.06.520?
Casino Gaming Rules > Race Books and Sports Pools
Short Summary
This document, part of the Arkansas Administrative Rules, pertains to the operation and ownership of race books and sports pools in Arkansas. It provides definitions for various terms used in the document, including ‘account wagering system’, ‘book’, ‘call center system’, ‘cash’, ‘central site book’, ‘commission’, ‘communications technology’, ‘internet’, ‘key employee’, ‘messenger bettor’, ’nonpari-mutuel wager’, ‘operator of a call center’, ‘outstation book’, ‘payout’, ‘post time’, ‘race book’, ‘satellite book’, ‘secure personal identification’, ‘sports pool’, ‘wagering account’, ‘wagering communication’, and ‘wagering instructions’. The document also covers topics such as license requirements, finding of suitability for operating a call center, reserve requirements, issuance and control of betting tickets, remote/off premises wagers prohibition, acceptance of wagers, payout of winning wagers, parlay card wagers, computerized bookmaking systems, layoff bets, rescission of wagers prohibition, prohibited wagers, reports of suspicious transactions, wagering terms and conditions, and communications technology. The document does not specify any penalties for non-compliance or violations.
Whom does it apply to?
Persons operating or owning race books or sports pools in Arkansas
What does it govern?
Race Books and Sports Pools
What are exemptions?
None mentioned
What are the Penalties?
Not specified
Jurisdiction
Arkansas