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Can you summarize Nevada GCCB Regulation 26A?
Regulations of the Nevada Gaming Commission and Control Board > Regulation 26A
Short Summary
Regulation 26A of the Nevada Gaming Commission and Control Board governs the regulation and conduct of Off-Track Pari-Mutuel Wagering in Nevada. The regulation applies to licensees, systems operators, pari-mutuel books, tracks, and patrons involved in off-track pari-mutuel wagering. It establishes definitions for various terms related to off-track pari-mutuel wagering and outlines the requirements for obtaining a license to accept off-track pari-mutuel wagers. The document specifies that off-track pari-mutuel wagering can only be conducted within a race book or approved area. It prohibits the use of information received from the off-track pari-mutuel system to determine winners or payoffs on nonpari-mutuel race wagers. The document also sets requirements for the payment of winning interstate and intrastate off-track pari-mutuel wagers and outlines the responsibilities of pari-mutuel books for deficiencies and excesses resulting from these payments. Additionally, it provides guidelines for the use of off-track pari-mutuel systems, technical requirements for such systems, and the approval process for agreements between pari-mutuel books, systems operators, disseminators, and tracks. The document emphasizes the maintenance and retention of records, inspection rights of the Commission, and the possibility of disciplinary action for violations. The Chair of the Commission has the authority to issue orders and may waive certain requirements if consistent with public policy. Overall, the document sets the framework and regulations for off-track pari-mutuel wagering in Nevada without specifying any specific exemptions or penalties.
Whom does it apply to?
Licensees, systems operators, pari-mutuel books, tracks, and patrons involved in off-track pari-mutuel wagering
What does it govern?
Off-Track Pari-Mutuel Wagering in Nevada
What are exemptions?
No specific exemptions are mentioned in the document
What are the Penalties?
No specific penalties are mentioned in the document
Jurisdiction
Nevada