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Bill > S2431


MA S2431

MA S2431
Proposed amendments to regulations for 205 CMR 6.00


summary

Introduced
07/15/2016
In Committee
07/15/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Communication from the Massachusetts Gaming Commission (under the provisions of Section 9B of Chapter 128A of the General Laws) submitting proposed amendments to regulations for 205 CMR 6.00: Pari-Mutuel Rules for Thoroughbred Racing, Harness Racing, and Greyhound Racing. Consumer Protection and Professional Licensure.

AI Summary

This bill proposes amendments to the Massachusetts Gaming Commission's Pari-Mutuel Rules for Thoroughbred, Harness, and Greyhound Racing, specifically by adding a new section (205 CMR 6.46) to govern "Pentafecta Pools." A Pentafecta wager requires bettors to correctly select the first five finishers in their exact order. The bill outlines four different options for distributing winnings from these pools, which involve various scenarios for awarding payouts based on correctly predicting the top finishers, including provisions for carryovers (money from unclaimed winning bets that rolls over to future races) and consolation prizes if the top five are not correctly predicted. These rules are established under the authority of Massachusetts General Laws chapters 128A and 128C, which govern horse and dog racing.

Committee Categories

Labor and Employment

Sponsors (0)

No sponsors listed

Last Action

House concurred (on 07/18/2016)

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