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Code · Wisconsin · Chapter 562 — Regulation of racing and on-track pari-mutuel wagering

562.01 Definitions.

473 words·~2 min read·/wi/chapter-562/562-01

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

562.01 Definitions. Except as provided in s. 562.124 , in this chapter:
(1)“Administrator” means the administrator of the division of gaming.
(1m)“Animal” means a horse or dog.
(3)“Breakage” means the odd cents by which the amount payable on each dollar wagered on a race exceeds a multiple of 10 cents.
(3m)“Business day” means a business day, as defined in s. 421.301
(6), that is not a legal holiday under s. 995.20 or a federal legal holiday.
(4)“Department” means the department of administration.
(4m)“Division of gaming” means the division of gaming in the department.
(5)“Fair” means any fair conducted by a county or an agricultural society, association or board receiving aid under s. 93.23 .
(5e)“Host track” means a racetrack that conducts a race on which intertrack wagering is conducted.
(5m)“Intertrack wager” means a wager that is placed or accepted at a racetrack on a race that is conducted at, and simultaneously televised to the racetrack from, another racetrack.
(5s)“Intertrack wagering licensee” means a person who is licensed under s. 562.05
(e).
(6)“License” means a license issued under s. 562.05 .
(7)“Licensee” means any person holding a license.
(8)“Multiple pools” means any pool of wagers on one or more races other than a pool of wagers in which each wager represents a wager to win, place or show.
(8g)“Out-of-state legal wagering entity” means a person who owns or operates a place located outside this state at which wagering on a race that is conducted in this state is authorized under the laws of the state or country in which the place is located.
(8m)“Out-of-state racetrack” means a place outside this state at which a race is authorized by law to be held and at which pari-mutuel wagering on the race is authorized by law to be conducted.
(9)“Pari-mutuel” means a wagering system in which all persons who wager on any animal which finishes in any position for which wagers are taken in a race share the total amount wagered on the race minus any deductions from the wagers on that race required under s. 562.065 .
(10)“Race” means any animal race licensed under s. 562.05
(1).
(11)“Race day” means any day on which a race is conducted.
(11g)“Race meeting” means the period during a calendar year for which a person has been issued a license under s. 562.05
(b).
(11r)“Race performance” means a schedule of races of either a matinee or night program that are conducted on a race day.
(12)“Racetrack” means any racetrack licensed under s. 562.05
(1).
(13)“Racing” means the conduct of a race.
(14)“Steward” means any person appointed, contracted for or approved by the department under s. 562.02
(fm).
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