Kentucky Statutes 138.550 – Suspension or revocation of race track license
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In addition to all other penalties provided in KRS § 138.510 to KRS § 138.540:
(1) When the pari-mutuel system of betting is operated at a track licensed under KRS Chapter 230, the license may be suspended, revoked or renewal refused by the commission upon the failure of the operator to comply with KRS § 138.510 to
138.540 or the rules and regulations promulgated by the department pursuant thereto, even though the pari-mutuel system of betting and the track are operated by different persons, corporations, or associations; and
(2) Any advance deposit account wagering licensee that fails to remit the tax imposed by KRS § 138.513, to remit returns required by KRS § 138.530, or to maintain the records required by KRS § 138.530 or administrative regulations promulgated by the department, may have the license granted under KRS § 230.260 suspended, revoked, or not renewed by the commission.
Effective: July 15, 2014
History: Amended 2014 Ky. Acts ch. 102, sec. 10, effective July 15, 2014. — Amended
2010 Ky. Acts ch. 24, sec. 109, effective July 15, 2010. — Amended 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 109, effective June 26, 2009. — Amended 2005 Ky. Acts ch. 85, sec. 392, effective June 20, 2005. — Amended 2004 Ky. Acts ch. 191, sec. 50, effective July 13, 2004. — Created 1948 Ky. Acts ch. 35, sec. 5.
(1) When the pari-mutuel system of betting is operated at a track licensed under KRS Chapter 230, the license may be suspended, revoked or renewal refused by the commission upon the failure of the operator to comply with KRS § 138.510 to
138.540 or the rules and regulations promulgated by the department pursuant thereto, even though the pari-mutuel system of betting and the track are operated by different persons, corporations, or associations; and
(2) Any advance deposit account wagering licensee that fails to remit the tax imposed by KRS § 138.513, to remit returns required by KRS § 138.530, or to maintain the records required by KRS § 138.530 or administrative regulations promulgated by the department, may have the license granted under KRS § 230.260 suspended, revoked, or not renewed by the commission.
Effective: July 15, 2014
History: Amended 2014 Ky. Acts ch. 102, sec. 10, effective July 15, 2014. — Amended
2010 Ky. Acts ch. 24, sec. 109, effective July 15, 2010. — Amended 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 109, effective June 26, 2009. — Amended 2005 Ky. Acts ch. 85, sec. 392, effective June 20, 2005. — Amended 2004 Ky. Acts ch. 191, sec. 50, effective July 13, 2004. — Created 1948 Ky. Acts ch. 35, sec. 5.