Pari-Mutuel Betting Supervision Regulations

5 (1) An association shall, in making an application for a permit,

• (a) provide evidence that the association is a corporation in good standing under the laws of the jurisdiction in which it was incorporated;

• (b) name the owners and directors of the association and any person who holds or exercises control over 10 per cent or more of any voting shares issued by the association;

• (c) provide evidence that the association

  • (i) owns the race-course on which the races are to be run, or

  • (ii) holds a lease on the race-course on which the races are to be run, for the duration of the permit;

• (d) request approval for the association’s percentage;

• (e) request approval for the types of bets that the association proposes to offer and the method of calculation that the association proposes to use for each type of bet;

• (f) request approval for the dates and times on which the association proposes to conduct pari-mutuel betting;

• (g) submit proposed dates during the two years next after the year for which the permit is requested on which the association wishes to conduct pari-mutuel betting;

• (h) where the association has contracted the operation of the pari-mutuel system to another person,

  • (i) provide a copy of the contract, and

  • (ii) name the person who manages and operates the pari-mutuel system at the association’s race-course;

• (i) where the association intends to apply for a theatre betting licence, be in compliance with the requirements of paragraph 85(4)(f);

• (j) where the association intends to apply for authorization to conduct inter-track or separate pool betting, be in compliance with the requirements of paragraph 90(1)(d);

• (k) where the association intends to apply for approval to conduct foreign race inter-track betting or foreign race separate pool betting, be in compliance with the requirements of paragraph 94(f); and

• (l) provide such other information respecting the ownership and financial circumstances of the association as may be required by the Executive Director to determine whether the association will be able to conduct pari-mutuel betting in accordance with the Act and these Regulations.

(2) A permit shall not be issued where the information provided under paragraphs (1)(h) and (l) discloses that an association is not able to conduct pari-mutuel betting in accordance with the Act or these Regulations.