Code of Massachusetts Regulations
205 CMR - MASSACHUSETTS GAMING COMMISSION
Title 205 CMR 6.00 - Pari-mutuel Rules for Thoroughbred Racing, Harness Racing, and Greyhound Racing
Section 6.27 - Account Operation

Universal Citation: 205 MA Code of Regs 205.6

Current through Register 1537, December 20, 2024

(1) The association must maintain complete records of every deposit, withdrawal, wager, and winning payoff for each short-term and long-term account. Voucher accounts shall be recorded in a manner similar to a ticket. These records shall be made available to the Commission upon request.

(2) For wagers made for an account by telephone or electronically a voice or digital recording of the entire transaction shall be kept. The association shall not accept any such wager when the recording system is inoperable.

(3) Any account wagering system must provide for the account holder's review and finalization of a wager before the association accepts it. Neither the account holder nor the association shall change a wager after the account holder has reviewed and finalized the wager. In the case of a wager made by telephone or electronically, the recording of the transaction shall be deemed to be the actual wager, regardless of what was recorded by the pari-mutuel system.

(4) The association may accept account wagers on any event carried in the association's betting menu for the day in which the wager is made.

(5) The association shall make tax withholdings and provide tax and revenue reporting as required for wagers placed at the association's racetrack.

(6) The association shall keep confidential, except from the Commission and authorized governmental agencies:

(a) the amount of money credited to, debited from, withdrawn from, or present in any account holder's account;

(b) the amount of money wagered by a particular account holder on any race or series of races;

(c) the account number and secure password of a particular account holder;

(d) the identities of particular entries on which the account holder is wagering or has wagered;

(e) unless otherwise authorized by the account holder, the name, address, and other information in the possession of the association that would identify the account holder to anyone other than the Commission or the association.

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