205 CMR 7.10 - Takeout Rates in Interstate Common Pools

(1) With the prior approval of the Commission, an association wishing to participate in an interstate common pool may change its take-out rate (within the limits permitted by state law) so as to achieve a common take-out rate with all other participants in the interstate common pool. (ARCI c. 9 i.c.w. sec. D(1))

(2) An association wishing to participate in an interstate common pool may request that the Commission approve a methodology whereby host and guest states with different takeout rates for corresponding pari-mutuel pools may effectively and equitably combine wagers from the different states into an interstate common pool when in conformity with M.G.L. c. 128C. (ARCI c. 9 i.c.w. sec. D(2))

Notes

205 CMR 7.10