71 IAC 12-2-7 Wagering pools on interstate simulcasting

Sec. 7. Upon petition by the permit holder the commission may authorize a permit holder to participate in an interstate combined wagering pool that is established for the purpose of calculation payoff pursuant to IC 4-31-7-8 on races origination in another state or country. The petition shall include the following: (1) The date or dates of simulcast. (2) The types of wagering opportunities to be offered. (3) The rate of takeout for each type of wager. (4) The method for calculating breakage. Specifics attesting to the compatibility of the totalizator systems to transmit wagering information to the host track shall be provided. Approval of the racing jurisdiction where the signal is origination should be provided. Simulcast conducted on races originating in another state or country without commission approval of an interstate combined wager pool shall be conducted pursuant to IC 4-31-9-1.