(a) The commission shall adopt rules to regulate wagering on horse races and greyhound races under the system known as pari-mutuel wagering.
(b) Rules adopted under this subtitle must include rules to:
(1) regulate wagering by a person licensed under this subtitle;
(2) prohibit wagering by a commission employee;
(3) prohibit a racetrack association from accepting a wager made by telephone; and
(4) prohibit a racetrack association from accepting a wager made on credit.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Texas Occupations Code 2027.001

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005

(c) Commission rules adopted under this subtitle must be written and updated to ensure maximum enforceability.