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Can you summarize FLREG Chapter 61D-8?
Division of Pari-Mutuel Wagering > FINANCIAL REPORTING AND PURSE REQUIREMENTS
Short Summary
The provided legal document content consists of rules and regulations related to financial reporting and purse requirements in the context of pari-mutuel wagering activities, horse racing, and greyhound racing. These rules are governed by the Florida Administrative Code, specifically under the Department of Business and Professional Regulation and the Division of Pari-Mutuel Wagering. The document references several rulemaking authorities and laws implemented to ensure compliance. The financial reporting requirements for participants in these activities are outlined, including the specific sections of the Florida Statutes that apply. Additionally, the document addresses the distribution of purses and Florida owners’ awards in horse racing, as well as the purse requirements for greyhound racing. Reporting requirements for charity/scholarship performances and the Retired Jai Alai Players Charity Days Fund are also mentioned. However, no specific exemptions or penalties are provided in the document content. Overall, these regulations aim to ensure transparency and accountability in financial reporting and purse distribution within the specified industries.
Whom does it apply to?
Participants in pari-mutuel wagering activities, horse racing, and greyhound racing
What does it govern?
Financial reporting and purse requirements
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Florida