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Home » US Law » 2021 Oregon Revised Statutes » Volume : 13 - Housing, Games, Environment » Title 36a Housing; Lottery and Games; Environment » Chapter 462 - Racing » LICENSING OF RACE MEETS, PARTICIPANTS AND PERSONNEL; BETTING AND BOOKMAKING REGULATIONS

Section 462.010 – Definitions.

As used in this chapter, unless the context otherwise requires: (1) “Breaks” means the odd cents remaining after the payoff prices have been computed in accordance with ORS 462.140 (3). (2) “Calendar year” means a 12-month year, January 1 through December 31. (3) “Commission” means the Oregon Racing Commission. (4) “Continuous race meet” includes any […]

Section 462.025 – Notice required to terminate use of license; hearing.

No licensee who accepts an engagement or employment or undertakes activities in preparation for or in connection with a race meet shall voluntarily terminate or discontinue the engagement, employment or activities of the licensee or otherwise refuse to cooperate or participate, unless the licensee gives the Oregon Racing Commission notice in writing of the intention […]

Section 462.030 – Qualifications for eligibility of race meet operator.

No person is eligible to operate a race meet with a license issued under this chapter unless the person is the owner or controls the possession of a properly constructed race track suitable for the class of races which are proposed to be conducted at such race track and improved with safe and suitable grandstands, […]

Section 462.040 – Race meet licenses, classes, limitations, contents; rules.

(1) Race meet licenses granted by the Oregon Racing Commission shall be limited to: (a) Licenses for horse and mule race meets (Class A). (b) Licenses for greyhound race meets (Class B). (2)(a) Except as the commission otherwise may provide by rule, no licensee shall be granted licenses of both classes nor shall licenses be […]

Section 462.050 – Application for race meet license; bond; payment of fees; submission of financial statements and inspection of records; return of deposit; refund of license fee.

(1) Every person making application for a license to hold a race meet shall file the application with the Oregon Racing Commission. The application shall set forth the time, place and number of days the applicant desires the meet to continue, together with the applicant’s estimate of the daily average payment that the applicant will […]

Section 462.057 – License and other fees and purses; track fund.

(1) A race meet licensee designated in subsection (2) of this section shall make payments as follows: (a) License fee – $25 per fiscal year payable to the Oregon Racing Commission. (b) A percentage of gross mutuel wagering shall be paid to the commission as follows: (A) If the race meet is for horses or […]

Section 462.068 – Fees for wagering on certain previously held races.

(1) A licensee that conducts mutuel wagering pursuant to ORS 462.155 at the licensee’s race course on horse races previously held shall make annual payments as follows: (a) $200,000, as modified by subsection (2) of this section, to the Oregon Racing Commission. (b) $20,000, as modified by subsection (2) of this section, to a purse […]

Section 462.075 – Grounds for refusal to issue or renew licenses; hearing.

(1) The Oregon Racing Commission may refuse to issue to or renew the license of any applicant if it has reasonable ground to believe that the applicant: (a) Has been suspended or ruled off a recognized course in another jurisdiction by the racing board or commission thereof. (b) Is not of good repute and moral […]

Section 462.100 – License fee and tax in lieu of all others; exception.

(1) The State of Oregon hereby preempts the imposition of taxes on or measured by income on, and the regulation of, race meets. (2) Except for taxes levied under ORS 267.010 to 267.394, the license fee and tax provided in this chapter for a race meet licensed thereunder shall be in lieu of: (a) All […]