Or. Admin. Code § 462-230-0010 - Totalizator Licensing Requirements
(1) A Totalizator company transacting any
business within the State of Oregon shall first obtain a license from the
Oregon Racing Commission. As a condition of licensing, or annual license
renewal, the license application shall include the following:
(a) The applicant's legal name;
(b) A list of personnel assigned to work in
this jurisdiction and their current license numbers issued by the Oregon Racing
Commission;
(c) Disclosure of all
officers, directors, partners, and shareholders with at least a five percent
share of ownership or beneficial interest;
(d) A completed Oregon Racing Commission
Personal History Record application for any individual requiring disclosure
under subsection (1)(c);
(e)
Documentation that the applicant and/or parent company is registered to do
business in the State of Oregon. If the applicant and/or parent company is not
required to be registered to do business in the state of Oregon an explanation
is to be included;
(f) A chart
illustrating the organizational structure, including reporting lines;
(g) A list of all jurisdictions in which the
company is operating.
(h) A
disaster recovery plan that will ensure that the Totalizator may continue to
conduct pari-mutuel wagering within a reasonable peroid of time. "Reasonable"
shall be determined by the Commission taking into consideration the type of
natural or man-made disaster that results in the disaster recovery plan being
invoked.
(2) The
Commission may conduct investigations or inspections or request additional
information from the applicant as it deems appropriate in determining whether
to approve the license application.
(3) Totalizator companies shall submit their
an application at least 30 days in advance of the scheduled commission meeting
at which the application is to be presented.
(4) The fee for Totalizator companies
providing service subject to ORS
462.057 shall be $100.00. The
fee for Totalizator companies providing service subject to ORS
462.062 and
462.725 shall be
$1000.00.
Notes
Statutory/Other Authority: ORS 462.727
Statutes/Other Implemented: ORS 462.727
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.