Requirements imposed upon tracks approved to share in the revenue or otherwise receive compensation
Arkansas Constitution, Amendment 100, sec. 4
(a) A track approved to share in the revenue or otherwise receive compensation from pari-mutuel books for the right to be part of an interstate common pari-mutuel pool or for permitting pari-mutuel books to conduct an intrastate pari-mutuel pool shall:
- (1) For each racing meet for which it is offering an interstate common pari-mutuel pool or permitting pari-mutuel books to conduct an intrastate pari-mutuel pool, provide a live broadcast signal to a disseminator at a fee which is less than the amount the disseminator may charge pursuant to this part, which amount shall not exceed three percent (3%) of the total live broadcast handle;
(2)
- (A) Offer all pari-mutuel books the right to be part of an interstate common pari-mutuel pool or intrastate pari-mutuel pool and charge the same percentage of the revenue from off-track pari-mutuel wagering to all pari-mutuel books.
- (B) If charging a fixed daily fee amount, the track shall charge each pari-mutuel book its proportional share of the fixed amount based upon each pari-mutuel book’s percentage of the total off-track pari-mutuel wagers;
- (3) Comply with all applicable state and federal laws for all racing meets for which it is offering an interstate common pari-mutuel pool or permitting pari-mutuel books to conduct an intrastate pari-mutuel pool; and
(4)
- (A) Engage the services of the disseminator authorized to disseminate the live broadcast signal of a racing meet to provide racing information not part of wagering data, but which is the type of information provided to users and buyers, and to transmit the live audio-visual signal of the racing meet to the pari-mutuel books and the systems operator.
- (B) The live audio-visual signal must meet the production requirements of this part applicable to live broadcasts.
- (C) Nothing in this section shall be deemed to require a pari-mutuel book to display a live audio-visual signal in conjunction with an interstate or intrastate common pari-mutuel pool.
(b)
- (1) A track approved to share in the revenue from off-track pari-mutuel wagering shall maintain a revolving fund with the Arkansas Racing Commission in an amount determined by the commission, which may not exceed ten thousand dollars ($10,000) without commission approval, for post-approval investigative costs.
- (2) A track shall remit the amount requested by the commission within fifteen (15) days of the request.