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Can you summarize 205 CMR 7?
Massachusetts Gaming Commission (formerly State Racing Commission) > Simulcasting rules and regulations for horse racing, harness racing and dog racing
Short Summary
This document, 205 CMR 7.00, governs the simulcasting rules and regulations for horse racing, harness racing, and dog racing in Massachusetts. It applies to racing meeting licensees, guest tracks, and host tracks. The document defines various terms such as ARCI (Association of Racing Commissioners International), Commission (Massachusetts State Racing Commission), dark days, dark season, guest track, host track, and racing meeting licensee. It also defines simulcast as the broadcast, transmission, receipt, or exhibition of a live race through any medium or manner. The document does not mention any specific exemptions or penalties. Overall, it provides the necessary definitions and interpretations for the conduct of simulcasting in the Massachusetts racing industry. The document also governs the participation of guest states in interstate common pools for pari-mutuel wagering. It allows for the combining of wagering pools in the host state with corresponding pools in the guest state or other jurisdictions, subject to the approval of the Massachusetts Gaming Commission. The Commission may also permit adjustments to the take-out rate from the pari-mutuel pool to match that of the host track or other participating jurisdictions. Rules established in the host state apply to the pari-mutuel pool. The Commission must approve agreements governing the distribution of breakage between jurisdictions. If the bets placed at the guest track cannot be successfully merged into the interstate common pool at the host track, the guest track must pay winning tickets at the posted prices at the host track, after deducting appropriate take-out rates. Associations must maintain accurate records of instances where the posted price at the host track is paid when the customer’s bet is not successfully merged. The association may use any surplus funds to offset deficits and may pay any surplus at the end of the year to defer operational costs of the Commission. The association may not create its own pool or refund these pools but must pay the posted prices at the host track. If the association accepts bets on a pool that does not exist at the host track, it must refund those bets. The guest track may only accept bets on pools offered on the host track’s betting menu, but may create new pools on events of national significance with the Commission’s permission. Guest tracks may issue checks for winnings exceeding $5,000.00. When takeout rates in the merged pool are not identical, the net price calculation method is used in conformity with M.G.L. c. 128C.
Whom does it apply to?
Racing meeting licensees, guest tracks, host tracks, authorized receivers, guest associations, associations and tracks involved in interstate common pools for pari-mutuel wagering
What does it govern?
Simulcasting rules and regulations for horse racing, harness racing, and dog racing
What are exemptions?
No specific exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Massachusetts