§ 2071. License to Conduct Advance Deposit Wagering by a California Applicant.
4 CA ADC § 2071Barclays Official California Code of Regulations
4 CCR § 2071
§ 2071. License to Conduct Advance Deposit Wagering by a California Applicant.
(b) An Applicant for license shall complete an Application for License to Conduct Advance Deposit Wagering, CHRB-132 (Rev. 02/19), hereby incorporated by reference, which is available at the Board's administrative office. The Application must be filed not later than 90 days in advance of the scheduled start date of operation. A bond from a surety company admitted in the state of California or other form of financial security in the amount of $500,000 must accompany the Application. The term of the license shall be two years from the date the license is issued.
(d) Applicants that accept wagers from California residents shall provide a full accounting and verification of the source of the wagers, and a detailed wagering information file that includes, but is not limited to, dollar amount wagered, pool on which the wager was placed, race number and racing venue, zone, breed, zip code of the Account Holder, time wagering stopped, and time of the wager in the form of a daily download of pari-mutuel data to the Board designated database, CHRIMS, Inc., that is compatible with a Comma Delimited Text File.
(l) If the Board denies an Application, the Applicant has 30 calendar days, from the receipt date of the Board's denial notification, to request a reconsideration of the Board's decision. The request must be in writing and sent to the Board's administrative office. The Board shall respond in writing to the reconsideration request within 30 working days from the receipt date of the request. If reconsideration is denied, the Applicant may file for judicial review in accordance with section 11523 of the Government Code.
(m) Subsequent to the issuance of a license to conduct Advance Deposit Wagering under this article, changes or amendments to information or operating procedures contained in an Application will be permitted by order of the Board or by Board approval of a request submitted in writing by the Applicant.
Credits
Note: Authority cited: Sections 19440 and 19590, Business and Professions Code. Reference: Sections 19460 and 19604, Business and Professions Code.
History
1. New section filed 1-7-2002; operative 1-7-2002 pursuant to Government Code section 11343.4 (Register 2002, No. 2).
2. Amendment of subsections (a)-(d) and (l) filed 1-28-2020; operative 4-1-2020 (Register 2020, No. 5).
This database is current through 3/22/24 Register 2024, No. 12.
Cal. Admin. Code tit. 4, § 2071, 4 CA ADC § 2071
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