- A. Generally. The commission shall promptly consider a request for types of pari-mutuel wagering pools.
- B. Consideration of requests. Upon receipt of a request for approval or modification of types of pari-mutuel wagering pools, the commission shall consider the request at its next regularly scheduled meeting, and may, in its discretion, approve the types of pari-mutuel wagering pools as requested, modify the request, or deny the request.
- C. Criteria for approval of pools. The commission, in making its determination, must consider the success and integrity of horse racing; the public health and safety, and welfare; and public interest, necessity, and convenience.
Statutory Authority
§ 59.1-369 of the Code of Virginia.
Historical Notes
Derived from VR662-01-02 § 3.3, Virginia Register Volume 6, Issue 13, eff. April 25, 1990; Volume 14, Issue 1, eff. October 29, 1997; Volume 18, Issue 20, eff. May 22, 2002.