Section 240.12 — License Agreements.
240.12 LICENSE AGREEMENTS. The commission may enter into agreements or compacts with comparable bodies in other racing jurisdictions for the mutual recognition of occupational licenses issued by each body. The commission may by rule provide for and may charge a fee for the registration of each license issued in another jurisdiction. History: 1983 c 214 […]
Section 240.13 — Pari-mutuel Betting.
240.13 PARI-MUTUEL BETTING. Subdivision 1. Authorized. (a) Class B and class D licenses give the licensees authority to conduct pari-mutuel betting on the results of races run at the licensed racetrack, and on other races as authorized by the commission under this section. (b) A class B or class D license gives the licensee the […]
Section 240.131 — Advance Deposit Wagering.
240.131 ADVANCE DEPOSIT WAGERING. Subdivision 1. Advance deposit wagering authorized. Advance deposit wagering is authorized pari-mutuel betting on horse racing under this chapter if conducted in compliance with this section and the Interstate Horseracing Act of 1978, United States Code, title 15, section 3001 et seq. Subd. 2. Prohibited acts. It is unlawful for any […]
Section 240.135 — Card Club Revenue.
240.135 CARD CLUB REVENUE. (a) From the amounts received from charges authorized under section 240.30, subdivision 4, the licensee shall set aside the amounts specified in this section to be used for purse payments. These amounts are in addition to the breeders fund and purse requirements set forth elsewhere in this chapter. (1) For amounts […]
Section 240.136 — Compulsive Gambling Notice.
240.136 COMPULSIVE GAMBLING NOTICE. A class B licensee who has been authorized to operate a card club must prominently post in the card club premises the toll-free telephone number established by the commissioner of human services in connection with the compulsive gambling program established under section 245.98. History: 1999 c 206 s 7
Section 240.14 — Racing Days.
240.14 RACING DAYS. Subdivision 1. Assignment of racing days. The commission shall assign racing days to each racetrack licensee authorized to conduct racing with pari-mutuel betting, and a licensee may conduct racing with pari-mutuel betting only on a racing day assigned by the commission. The assignment of racing days and times of racing to a […]
Section 240.15 — Payments To State.
240.15 PAYMENTS TO STATE. Subdivision 1. Taxes imposed. (a) There is imposed a tax at the rate of six percent of the amount in excess of $12,000,000 annually withheld from all pari-mutuel pools by a class B or class D licensee, including breakage and amounts withheld under section 240.13, subdivision 4. For the purpose of […]
Section 240.155 — Reimbursement Accounts And Procedures.
240.155 REIMBURSEMENT ACCOUNTS AND PROCEDURES. Subdivision 1. Reimbursement account credit. Money received by the commission as reimbursement for the costs of services provided by veterinarians, stewards, medical testing of horses, and fees received by the commission in the form of fees for regulatory services must be deposited in the state treasury and credited to a […]
Section 240.1561 — Appropriation For Ongoing Operation.
240.1561 APPROPRIATION FOR ONGOING OPERATION. If, by July 1 of an odd-numbered year, legislation has not been enacted to appropriate money for the next biennium to the commissioner of management and budget for central accounting, procurement, payroll, and human resources functions, amounts necessary to operate those functions associated with operation of the Racing Commission under […]
Section 240.05 — Licenses; Classes.
240.05 LICENSES; CLASSES. Subdivision 1. Classes. The commission may issue four classes of licenses: (1) class A licenses, for the ownership and operation of a racetrack with horse racing on which pari-mutuel betting is conducted; (2) class B licenses, for the sponsorship and management of horse racing on which pari-mutuel betting is conducted; (3) class […]