Racing Commission to meet January 25, 2022

• Posted Date: 01/21/2022
• Office: Racing Commission
• News:

  NOTICE OF ARKANSAS RACING COMMISSION MEETING

              The Arkansas Racing Commission will meet in a telephonic meeting on Tuesday, January 25, 2022, at 11:00 a.m. to consider a correction to the proposed Arkansas Racing Commission Casino Gaming Rules approved by the Arkansas Racing Commission on December 30, 2021.

               Casino Gaming Rule 20.010 – Definitions Paragraph 13.  The proposed rule currently reads as follows:

  “Online sports pool” means an operation in which wagers on sports events are made over the internet on websites or mobile applications through computers, mobile devices, or other approved interactive devices accepted through a gaming system approved by the Commission.In order to operate an online sports pool, a casino licensee must first operate and continue to operate a sports pool from the casino licensee’s premises.Further, operation of an online sports pool shall be prohibited in circumstances in which a majority of the net gaming revenue, as defined in Amendment 100, from the online sports pool is paid to a third-party vendor assisting in the operating of the sports pool.

              The proposed correction to Rule 20.010 (13) involves the changing of one word.  That word is highlighted below:

  “Online sports pool” means an operation in which wagers on sports events are made over the internet on websites or mobile applications through computers, mobile devices, or other approved interactive devices accepted through a gaming system approved by the Commission.In order to operate an online sports pool, a casino licensee must first operate and continue to operate a sports pool from the casino licensee’s premises.Further, operation of an online sports pool shall be prohibited in circumstances in which a majority of the net gaming receipts, as defined in Amendment 100, from the online sports pool is paid to a third-party vendor assisting in the operating of the sports pool.

              The call in number for the meeting is: +1 (646) 749-3122, Access code: 347-183-005.