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Can you summarize ALCA 11-65-19?
HORSE RACING AND GREYHOUND RACING IN CLASS 1 MUNICIPALITIES. > Review of application for operator's license.
Short Summary
This legal document governs the issuance or transfer of an operator’s license for horse racing and greyhound racing in Class 1 municipalities. The document applies to applicants seeking such licenses. The document outlines the criteria that must be met for the license to be granted, including the applicant’s organizational substance, financial soundness, managerial capability, and business experience in racing and pari-mutuel wagering operations. Additionally, the document requires the racing facility to be suitable for its intended purposes and for the applicant to have arrangements for detecting and prosecuting corrupt or fraudulent acts. The applicant must also have a business plan that meets high standards of security, service, and accommodation to the public. The document further specifies that more than 50 percent of both the ownership interest and voting interest in the applicant must be owned by persons with a substantial presence in the state. The document does not mention any specific penalties for non-compliance or violations. Overall, this document sets the requirements and standards for obtaining an operator’s license for horse racing and greyhound racing in Class 1 municipalities.
Whom does it apply to?
Applicants seeking an operator's license for horse racing and greyhound racing in Class 1 municipalities
What does it govern?
Issuance or transfer of an operator's license for horse racing and greyhound racing in Class 1 municipalities
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Alabama