SECTION 321.13. Pari-mutuel Track Report

(a) Daily Pari-Mutuel Summary Report.

(1) An association shall prepare a pari-mutuel summary report for each day that pari-mutuel wagering occurs at its racetrack facility.

(2) The pari-mutuel summary report is the association's record of wagering activities at the racetrack.

(3) The association shall deliver a copy of the pari-mutuel summary report to the pari-mutuel auditor no later than 24 hours after the date of the performance for which the report was prepared.

(4) The report must contain, by each live and simulcast performance, the following:

(A) net handle at:

(i) the association's racetrack facility; and

(ii) the outlets wagering on the association's live performance;

(B) payouts to the wagering public;

(C) breakage;

(D) settlements to the host racetrack or guest racetrack;

(E) all purses earned, broken out by source, such as live, simulcast, cross species, and export;

(F) Texas Bred Incentive Program revenue;

(G) state tax; and

(H) association revenue.

(b) Monthly Pari-Mutuel Recap Report.

(1) The executive secretary shall prescribe a form for the monthly pari-mutuel recap report.

(2) The association shall file with the executive secretary a recap of pari-mutuel activity on the prescribed form. The monthly recap of pari-mutuel activity must be filed no later than the 30th day after the last day of the month for which the report is being filed.

Source Note: The provisions of this §321.13 adopted to be effective April 1, 2001, 26 TexReg 2158; amended to be effective October 3, 2005, 30 TexReg 6262; amended to be effective September 28, 2014, 39 TexReg 7575; amended to be effective March 13, 2016, 41 TexReg 1685