Proposed Amended Rule # 12.122
Statement of Authority, Basis And Purpose

The Statutory Authority for the adoption of this amended Rule # 12.122 is Section 12-60-101, Section 12-60-201, Section 12-60-202, Section 12-60-204, Section 12-60-301, Section 12-60-501, Section 12-60-503, Section 12-60-703, and Section 12-60-703.5, C.R.S.

The Basis and Purpose for permanent adoption of this amended rule in the Colorado Racing Commission Rules is to increase the flexibility of the rule to permit sub-contracting, leasing, or concessionaire activity, if the Commission approves in advance.. 

CURRENT RULE:

12.122 ‑ Every association which operates a track or simulcast facility shall operate its own mutuel department for the wagering on all live and simulcast races at such track or simulcast facility and in no event shall sub‑contract or lease to concessionaires any part of the operation of the mutuel department. 
	Each mutuel department shall implement and comply with the internal control procedures and the totalisator standards set forth by the Commission.

:1 - Failure to comply with the minimum procedures or standards approved pursuant to this section may result in a fine, penalty, or revocation of license.

:2 - Licensees will be provided written notice of any changes to the minimum procedures or standards approved pursuant to this section and will have thirty (30) days, unless otherwise specified, in which to comply with such changes.

PROPOSED AMENDED RULE:

12.122 ‑ Every association which operates a track or simulcast facility shall operate its own mutuel department for the wagering on all live and simulcast races at such track or simulcast facility and in no event shall sub‑contract or lease to concessionaires any part of the operation of the mutuel department, WITHOUT THE PRIOR APPROVAL OF THE COMMISSION. 
	Each mutuel department shall implement and comply with the internal control procedures and the totalisator standards set forth by the Commission.

:1 - Failure to comply with the minimum procedures or standards approved pursuant to this section may result in a fine, penalty, or revocation of license.

:2 - Licensees will be provided written notice of any changes to the minimum procedures or standards approved pursuant to this section and will have thirty (30) days, unless otherwise specified, in which to comply with such changes.