Oregon Administrative Rules
Chapter 462 - OREGON RACING COMMISSION
Division 230 - TOTALIZATORS
Section 462-230-0010 - Totalizator Licensing Requirements

Universal Citation: OR Admin Rules 462-230-0010

Current through Register Vol. 63, No. 3, March 1, 2024

(1) A Totalizator company transacting any business within the State of Oregon shall first obtain a license from the Oregon Racing Commission. As a condition of licensing, or annual license renewal, the license application shall include the following:

(a) The applicant's legal name;

(b) A list of personnel assigned to work in this jurisdiction and their current license numbers issued by the Oregon Racing Commission;

(c) Disclosure of all officers, directors, partners, and shareholders with at least a five percent share of ownership or beneficial interest;

(d) A completed Oregon Racing Commission Personal History Record application for any individual requiring disclosure under subsection (1)(c);

(e) Documentation that the applicant and/or parent company is registered to do business in the State of Oregon. If the applicant and/or parent company is not required to be registered to do business in the state of Oregon an explanation is to be included;

(f) A chart illustrating the organizational structure, including reporting lines;

(g) A list of all jurisdictions in which the company is operating.

(h) A disaster recovery plan that will ensure that the Totalizator may continue to conduct pari-mutuel wagering within a reasonable peroid of time. "Reasonable" shall be determined by the Commission taking into consideration the type of natural or man-made disaster that results in the disaster recovery plan being invoked.

(2) The Commission may conduct investigations or inspections or request additional information from the applicant as it deems appropriate in determining whether to approve the license application.

(3) Totalizator companies shall submit their an application at least 30 days in advance of the scheduled commission meeting at which the application is to be presented.

(4) The fee for Totalizator companies providing service subject to ORS 462.057 shall be $100.00. The fee for Totalizator companies providing service subject to ORS 462.062 and 462.725 shall be $1000.00.

Statutory/Other Authority: ORS 462.727

Statutes/Other Implemented: ORS 462.727

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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