Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 16. ECONOMIC REGULATION |
PART 8. TEXAS RACING COMMISSION |
CHAPTER 321. PARI-MUTUEL WAGERING |
SUBCHAPTER D. SIMULCAST WAGERING |
DIVISION 2. COMMON POOL WAGERING |
SECTION 321.461. Failure To Merge
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(a) Except as otherwise provided by this section, if it becomes impossible to successfully merge a guest racetrack's wagers in the common pool via data circuit or manual merge, the mutuel manager shall: (1) refund the pools not successfully merged after announcing to the public that the pools were not merged successfully and the pools will be refunded; or (2) pay the winning wagerers based on the prices established at the host racetrack. (b) The mutuel manager shall report the failure to merge any common pool to the pari-mutuel auditor. The report must be on a form prescribed by the executive secretary and be filed no later than the day after the date the common pool failed to merge. (c) A contract for common pools entered into by an association as a host racetrack must contain a provision stating that the association is not liable if a guest racetrack's wagers are not accepted into a common pool if: (1) it becomes impossible to successfully merge the wagers placed in another state in the common pool; or (2) the mutuel manager determines that attempting to transfer pool data from the guest racetrack will endanger the common pool. Source Note: The provisions of this §321.461 adopted to be effective April 1, 2001, 26 TexReg 2161