Oregon Statutes 462.740 – Rules; compliance with federal law
(1) In accordance with ORS Chapter 183, the Oregon Racing Commission shall promulgate rules to carry out the provisions of ORS § 462.700 to 462.740. Such rules shall be designed to promote the best interests and the good conduct of racing, with due regard for the public health, safety and welfare.
Terms Used In Oregon Statutes 462.740
- Commission: means the Oregon Racing Commission. 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
(2) In order to provide for the lawful operation of off-race course mutuel wagering for wagering on horse races at race courses outside this state, the commission is authorized to enter into contracts or agreements with other governmental or private agencies or associations and to perform all other acts necessary to comply with the Interstate Horseracing Act of 1978, 15 U.S.C. § 3001 to 3007, as amended. [1987 c.913 § 6; 1989 c.358 § 4; 2001 c.104 § 200]
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