1.  It is unlawful for any person, either as owner, lessee or employee, whether for hire or not, to operate, carry on, conduct or maintain in this state, any form of wagering under the pari-mutuel system on any racing, sporting event or other event without having first procured and maintained all required federal, state, county and municipal licenses.

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Terms Used In Nevada Revised Statutes 464.010

  • county: includes Carson City. See Nevada Revised Statutes 0.033
  • Operator of a system: means a person engaged in providing an off-track pari-mutuel system. See Nevada Revised Statutes 464.005
  • Pari-mutuel system of wagering: means any system whereby wagers with respect to the outcome of a race, sporting event or other event are placed in a wagering pool conducted by a person licensed or otherwise permitted to do so under state law, and in which the participants are wagering with each other and not against that person. See Nevada Revised Statutes 464.005
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

2.  It is unlawful for any person to function as an operator of a system without having first obtained a state gaming license.

3.  Where any other state license is required to conduct a racing, sporting event or other event, that license must first be procured before the pari-mutuel system of wagering may be licensed in connection therewith.