Code of Massachusetts Regulations
205 CMR - MASSACHUSETTS GAMING COMMISSION
Title 205 CMR 7.00 - Simulcasting Rules And Regulations For Horse Racing, Harness Racing And Dog Racing
Section 7.10 - Takeout Rates in Interstate Common Pools
Current through Register 1531, September 27, 2024
(1) With the prior approval of the Commission, an association wishing to participate in an interstate common pool may change its take-out rate (within the limits permitted by state law) so as to achieve a common take-out rate with all other participants in the interstate common pool. (ARCI c. 9 i.c.w. sec. D(1))
(2) An association wishing to participate in an interstate common pool may request that the Commission approve a methodology whereby host and guest states with different takeout rates for corresponding pari-mutuel pools may effectively and equitably combine wagers from the different states into an interstate common pool when in conformity with M.G.L. c. 128C. (ARCI c. 9 i.c.w. sec. D(2))
