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Can you summarize 58 PACO Part V?
RECREATION > Harness Racing Commission
Short Summary
The legal documents reviewed pertain to the establishment, operation, and regulations of common pari-mutuel pools for harness racing in Pennsylvania. They outline the requirements and procedures for licensed corporations to establish and operate the pool, including presenting audio and video displays of the race, providing wagering information to patrons, and printing and posting the rules governing wagers and pool administration. The documents also address liability of the licensed corporation for distributing winnings from the pool and other required distributions to winning ticket holders and the Commonwealth. In cases where wagers placed in another jurisdiction cannot be included in the common pari-mutuel pool, the licensed corporation may either refund the amounts wagered or establish a separate pool for wagers placed within the Commonwealth. The documents also cover the application process for licensed corporations seeking permission to establish a common pari-mutuel pool, including the required details and approvals. The establishment of a common pari-mutuel pool may involve entities from other jurisdictions, and individual wagers are deemed to be made at the point of sale. Overall, these documents provide the framework for the operation and regulation of common pari-mutuel pools for harness racing in Pennsylvania, but do not specify any exemptions or penalties.
Whom does it apply to?
Licensed corporations involved in harness racing in Pennsylvania
What does it govern?
Establishment and administration of a common pari-mutuel pool for wagering on harness racing in the Commonwealth of Pennsylvania
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
No specific penalties for non-compliance or violation of the document's provisions are mentioned.
Jurisdiction
Pennsylvania