§ 2070. Definitions.
4 CA ADC § 2070Barclays Official California Code of Regulations
4 CCR § 2070
§ 2070. Definitions.
As used in this article:
(d) “Advanced Deposit Wagering” means a form of pari-mutuel wagering in which an Account Holder residing within or outside California establishes an Account and then authorizes a Board approved Licensee, Betting System, CA Hub or out-of-state Hub by telephone or Other Electronic Media to place wagers on horse racing on the Account Holder's behalf. Only the Licensee, Betting System, CA Hub or out-of-state Hub that holds the Account can make an advance deposit wager for the Account Holder. Wagering instructions that concern funds held in an Account shall be deemed issued within the inclosure of the Licensee.
(p) “Multi-jurisdictional Wagering Hub” means a business conducted in more than one jurisdiction that facilitates pari-mutuel wagering on races it simulcasts and other races it offers in its wagering menu. The term “CA Hub” will be used for locations in California and “out-of-state Hub” for locations outside California.
Credits
Note: Authority cited: Sections 19440 and 19590, Business and Professions Code. Reference: Section 19604, Business and Professions Code.
History
1. New article 26 (sections 2070, et seq.) and section filed 1-3-2002; operative 1-3-2002 pursuant to Government Code section 11343.4 (Register 2002, No. 1).
This database is current through 4/19/24 Register 2024, No. 16.
Cal. Admin. Code tit. 4, § 2070, 4 CA ADC § 2070
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