Virginia Administrative Code
Title 11 - GAMING
Agency 10 - VIRGINIA RACING COMMISSION
Chapter 47 - HISTORICAL HORSE RACING
Section 11VAC10-47-40 - Requirements for wagering on historical horse racing
Current through Register Vol. 41, No. 3, September 23, 2024
A. In accordance with the act, wagering on a historical horse race shall only be conducted by:
B. Wagering on historical horse racing may only take place at a licensed significant infrastructure facility or a licensed satellite facility.
C. A licensee may conduct wagering on historical horse races of any horse breed regardless of the type of breed that primarily races in live meets conducted by the licensee.
D. The minimum wager to be accepted by any licensee on the outcome of a historical horse race shall be $ .10. The minimum payout on any wager shall not be less than the amount wagered.
E. Any wager placed on a historical horse race is a multiple wager.
F. The terminal may display the wager and its outcome as part of an entertaining display or game, provided the wager functions according to the pari-mutuel wagering pool specifications provided by the licensee to and approved by the commission. A licensee may not offer a new display or game without prior approval of the commission as set forth in this chapter.
G. All wagering on a historical horse race shall incorporate the following elements:
Statutory Authority: § 59.1-369 of the Code of Virginia.