Ill. Admin. Code tit. 11, § 302.10 - General
a) All executed
contracts governing participation in interstate common pools shall be submitted
to the Board.
b) Individual
wagering transactions are made at the point of sale in the state where placed.
Pari-mutuel pools are combined for computing odds and calculating payoffs but
will be held separate for auditing and all other purposes.
c) Any surcharges or withholding in addition
to the takeout shall only be applied in the jurisdiction imposing such
surcharges or withholdings.
Notes
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