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Can you summarize 12 CTGS 572b?
Gaming Policy, Regulation and Revenue - Secs. 12-557 to 12-578bb > Advance deposit wagers. Penalties.
Short Summary
This section of the General Statutes of Connecticut governs off-track betting wagers and advance deposit wagers. An advance deposit wager refers to an off-track betting wager on racing events made through telephone or other electronic means. Any advance deposit wager made within the state’s boundaries is considered to be exclusively made in the state. The section prohibits any person or business organization, except the authorized operator of the off-track betting system, from conducting off-track betting or accepting off-track betting wagers or advance deposit wagers originating or placed within the state’s boundaries. Violation of this prohibition is considered an unfair trade practice and is subject to penalties for professional gambling and transmission of gambling information as provided in the relevant sections of the law.
Whom does it apply to?
Any person or business organization, other than the authorized operator of the off-track betting system
What does it govern?
Off-track betting wagers and advance deposit wagers
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Unfair trade practice pursuant to subsection (a) of section 42-110b, penalty for professional gambling as provided in subsection (b) of section 53-278b, and penalty for transmission of gambling information as provided in subsection (a) of section 53-278d.
Jurisdiction
Connecticut