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In the exercise of its authority in considering the granting or denying of an association’s application for a license or permit to conduct racing the following criteria, standards and guides by way of illustrations without limitation should be considered by the commission.

(1)  The public interest.

(2)  The location of the track.

(3)  The number of tracks running or making application.

(4)  The adequacy of facilities of the track.

(5)  The racing experience of the applicant.

(6)  The moral and financial qualification of the applicant.

(7)  The moral and financial qualifications of applicant’s partners, officers and officials.

(8)  The official attitude of local government involved.

(9)  The nature of the local community affected.

(10)  The expected effect upon the breeding and horse industry of this state.

(11)  The expected effect upon the State’s economy.

(12)  The apparent or nonapparent hope of financial success.

(13)  The official attitude of horsemen.

Acts 1968, No. 554, §1.