NRS 464.070 – Limitation on wager by agent; off-track wagering by agent prohibited.
A pari-mutuel wager placed at the enclosure where the wagered race or event is conducted may be made by an agent if the principal is present on the premises. All off-track pari-mutuel wagering must be done by a principal. [6:231:1949; 1943 NCL § 6226.06]—(NRS A 1983, 1894)
NRS 464.075 – Altering value of wager for patron prohibited; regulations; exemptions.
1. Except as otherwise provided in subsection 4, a person who is licensed to engage in off-track pari-mutuel wagering shall not: (a) Accept from a patron less than the full face value of an off-track pari-mutuel wager; (b) Agree to refund or rebate to a patron any portion or percentage of the full face value […]
NRS 464.080 – Suspension or revocation of license: Hearing; judicial review.
1. All licenses granted under this chapter are subject to suspension or revocation by the Nevada Gaming Commission in any case where the Nevada Gaming Commission has reason to believe that any condition of its license has not been complied with or that any law or regulation of the Nevada Gaming Commission has been broken […]
NRS 464.100 – Penalty.
Except as otherwise provided in NRS 464.075, a violation of any of the provisions of this chapter or the regulations adopted pursuant to this chapter is a misdemeanor. [9:231:1949; 1943 NCL § 6226.09]—(NRS A 1967, 587; 1997, 3318)
NRS 464.005 – Definitions.
As used in this chapter, unless the context otherwise requires: 1. “Gross revenue” means the amount of the commission received by a licensee that is deducted from off-track pari-mutuel wagering, plus breakage and the face amount of unpaid winning tickets that remain unpaid for a period specified by the Nevada Gaming Commission. 2. “Off-track pari-mutuel […]
NRS 464.010 – Licenses required.
1. It is unlawful for any person, either as owner, lessee or employee, whether for hire or not, to operate, carry on, conduct or maintain in this state, any form of wagering under the pari-mutuel system on any racing, sporting event or other event without having first procured and maintained all required federal, state, county […]
NRS 464.015 – Fee for issuance or renewal of license; disposition.
1. In addition to any other fees imposed by law, the Nevada Gaming Commission shall charge and collect a fee of $500 from each applicant for the issuance or renewal of a license as an operator of a system. The fee must be charged and collected on or before December 31 for the ensuing calendar […]
NRS 464.020 – Administration by Nevada Gaming Commission: Issuance of licenses; times and places for wagering; regulations; authority and procedure for appointing Off-Track Pari-Mutuel Wagering Committee; inspection of books and records of licensees.
1. The Nevada Gaming Commission is charged with the administration of this chapter for the protection of the public and in the public interest. 2. The Nevada Gaming Commission may issue licenses permitting the conduct of the pari-mutuel system of wagering, including off-track pari-mutuel wagering, and may adopt, amend and repeal regulations relating to the […]
NRS 464.025 – Regulations governing off-track pari-mutuel wagering; sharing of revenue; approval of Commission.
1. The Nevada Gaming Commission, upon the recommendation of the Nevada Gaming Control Board, may adopt regulations for: (a) The conduct by a licensee of off-track pari-mutuel wagering on a race, sporting event or other event; and (b) The approval of the terms and conditions of any agreement between a licensee and an agency of […]
NRS 464.040 – Limitations on amount and division of commissions; payment and disposition of taxes.
1. The total commission deducted from pari-mutuel wagering other than off-track pari-mutuel wagering by any licensee licensed pursuant to the provisions of this chapter must not exceed 18 percent of the gross amount of money handled in each pari-mutuel pool operated by the licensee during the period of the license. 2. The total commission deducted […]