Can you summarize Registration With Local Authority > Gambling Commission?
The provided legal document content pertains to the registration of exempt lotteries with local authorities under the Gambling Act 2005. It states that a notice under paragraph 44(c) must be accompanied by the prescribed application fee. The application fee refers to the fee accompanying an application under paragraph 42. The document also mentions that as soon as the Commission receives notice of a registration under paragraph 44(c), they shall record the registration.
Can you summarize The Offences > Gambling offences?
The provided legal document content pertains to gambling offences under the UK Gambling Act 2005 and other related Acts such as the Betting, Gaming and Lotteries Act 1963, the Gaming Act 1968, the Lotteries and Amusements Act 1976, the National Lottery etc. Act 1993, and the National Lottery Act 1998. These offences cover a wide range of gambling activities and apply to individuals or entities involved in such activities. The document does not mention any specific exemptions.
Can you summarize KYRS 137.170?
This legal document pertains to the payment of a tentative license tax by persons conducting race meetings in Kentucky. The tax is applicable to race tracks for the days on which races are actually conducted and is based on the average daily mutuel handle for the preceding year. The term ‘daily mutuel handle’ refers to the total gross amount of money bet or wagered by a race track’s patrons on live races.
Can you summarize KYRS 138.480?
Catchline at repeal: State tax on race track admissions. History: Repealed 2022 Ky. Acts ch. 124, sec. 26, effective July 14, 2022. – Amended 2010 Ky. Acts ch. 24, sec. 105, effective July 15, 2010. – Amended 2004 Ky. Acts ch. 191, sec. 47, effective July 13, 2004. – Amended 1994 Ky. Acts ch. 272, sec. 3, effective July 15, 1994. Amended 1992 Ky. Acts ch. 109, sec. 6, effective March 30, 1992 – Recodified 1942 Ky.
Can you summarize KYRS 138.510?
This legal document imposes excise taxes on pari-mutuel wagering on live racing and telephone account, intertrack, and interstate wagering. The tax rates vary depending on the type of track and the fiscal year. The document specifies the distribution of the tax revenue, including deposits into various development funds for Thoroughbred racing, harness racing, and quarter horse, paint horse, Appaloosa, and Arabian horse racing. It also allocates funds for equine industry programs at universities, equine drug testing, and the general fund.
Can you summarize KYRS 138.511?
KRS 138.510 to 138.550 is a set of Kentucky Revised Statutes that govern excise taxes related to advanced deposit account wagering, live racing, historical horse races, and various related terms and definitions. The definitions provided in this section clarify the meanings of terms such as ‘advanced deposit account wagering,’ ‘advanced deposit account wagering license,’ ‘association,’ ‘commission,’ ‘daily average live handle,’ ‘department,’ ‘fiscal year,’ ‘handle,’ ‘historical horse race,’ ‘host track,’ ‘interstate wagering,’ ‘intertrack wagering,’ ‘Kentucky resident,’ ‘receiving track,’ ‘simulcast facility,’ ’takeout,’ ’telephone account wagering,’ and ’track.
Can you summarize KYRS 138.513?
This legal document imposes an excise tax on advance deposit account wagering licensees licensed under KRS 230.260 in Kentucky. The tax rate is one-half of one percent (0.5%) of all amounts wagered through the licensee by Kentucky residents from August 1, 2014, to August 1, 2022. Starting from August 1, 2022, the tax rate increases to one and one-half percent (1.5%) of all amounts wagered through the licensee by Kentucky residents.
Can you summarize KYRS 138.552?
This legal document imposes an excise tax on persons licensed to conduct sports wagering in Kentucky. The tax rates vary depending on whether the wagers are placed at a licensed track or online via websites or mobile applications. The tax revenue is appropriated to the sports wagering administration fund. The Department of Revenue is responsible for enforcing the provisions of this section and collecting the taxes and penalties. The tax is due and payable monthly, and negative amounts can be carried over to subsequent months within a 12-month period.
Can you summarize KYRS 154A.063?
(1) The corporation shall not utilize amateur athletics for any purpose including, but not limited to, advertising, promoting, conducting a lottery, or as a basis for a lottery. (2) The corporation shall not approve and operate any casino or similar gambling establishment and shall not approve or operate any game played with playing cards, dice, dominos, slot machines, roulette wheels, or where winners are determined by the outcome of a sports contest.
Can you summarize KYRS 164.6945?
This legal document governs the compensation of student-athletes for the use of their name, image, or likeness. It allows student-athletes to receive compensation through name, image, and likeness agreements with third parties, as long as the compensation is consistent with the prevailing market rate. However, it prohibits persons or entities from offering compensation to current or prospective student-athletes to recruit or induce them to enroll at any Kentucky institution. It also prohibits offering compensation to student-athletes enrolled at a Kentucky institution or prospective student-athletes who have entered into an enrollment contract with a Kentucky institution for the purpose of recruiting them to enroll at another postsecondary educational institution.