Oregon Statutes 462.155 – Wagering on races previously held
(1) The Oregon Racing Commission may allow a race meet operator that holds a Class A license to conduct mutuel wagering at the licensee‘s race course on horse races previously held if:
Terms Used In Oregon Statutes 462.155
- Commission: means the Oregon Racing Commission. See Oregon Statutes 462.010
- Licensee: means a person, partnership, corporation, political subdivision, municipal corporation or any other body holding a license under this chapter. See Oregon Statutes 462.010
- Mutuel: means a system whereby:
(a) Wagers with respect to the outcome of a race are placed with a wagering pool in which the participants are not wagering against the operator; and
(b) The operator distributes to one or more winning participants the total amount in the wagering pool, less amounts deducted by the operator as approved by the commission. See Oregon Statutes 462.010
- Race: includes races conducted without wagering, provided one or more races in the meet are conducted with wagering. See Oregon Statutes 462.010
- Race course: means all the premises used in connection with the conduct of a race meet, including but not limited to, the race track, grandstands, paddock, stables, kennels and all other buildings and grounds adjacent to or appurtenant to the physical limits of the race track. See Oregon Statutes 462.010
- Race meet: means any exhibition of animal racing where the mutuel system is used in conjunction with any race. See Oregon Statutes 462.010
(a) The races were actual events held at race courses during race meets;
(b) The races were subject to mutuel wagering at the time the races were originally held; and
(c) The race meets at which the races were originally held were approved by the commission or by an equivalent regulatory body in another state.
(2) Subsection (1) of this section allows mutuel wagering on a horse race displayed as a video or audio recording, or another form of recording approved by the commission, but does not authorize wagering on any animation, computer simulation or other artificial representation of horse racing.
(3) Subsection (1) of this section does not apply to a race meet operator described in ORS § 462.057 (2). Subsection (1) of this section does not authorize off-race course wagering or multi-jurisdictional simulcasting for horse races previously held.
(4) Wagers authorized under subsection (1) of this section are subject to the provisions of ORS § 462.157. [2013 c.275 § 2; 2021 c.573 § 5]