8.22.2914 TOTE COMPANIES
(1) Tote companies must
provide state of the art parimutuel equipment and tote at each licensed track
that they service.
companies must provide correct and complete betting odds, race results and
payoff prices for each race at which wagering is permitted.
all wagers as outlined in this subchapter;
all winners according to calculated payoff procedures;
for all monies wagered and paid out;
all funds set aside by statute and contracts;
those funds each day to the licensee to be redistributed to the proper parties;
daily a complete summary of all wagering pools, all payoffs, breakage,
overpayments and short payments.
officers and employees of tote companies must be licensed before entering
grounds of a race meet.
History: 23-4-104, MCA; IMP, 23-4-104, MCA; NEW, 1990 MAR p. 1891, Eff. 10/12/90; TRANS & AMD, from Dept. of Commerce, 2002 MAR p. 1500, Eff. 5/17/02; TRANS, from 32.28.714, 2015 MAR p. 2252, Eff. 12/25/15.