The Oregon Racing Commission may not require an exchange wagering licensee to:

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Terms Used In Oregon Statutes 462.337

  • 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

(1) Retain, withhold or take out any amounts from exchange wagers; or

(2) Assure any minimum payoff amount for an exchange wager or to calculate payoffs of winning exchange wagers in a manner inconsistent with exchange wagering authorized by ORS § 462.301 to 462.340. [2019 c.313 § 14]