CODE OF VIRGINIA

CONTROL OF RACING WITH PARI-MUTUEL WAGERING (§ 59.1-364)

A. Horse racing with pari-mutuel wagering as licensed herein shall be permitted
in the Commonwealth for the promotion, sustenance and growth of a native
industry, in a manner consistent with the health, safety and welfare of the
people. The Virginia Racing Commission is vested with control of all horse
racing with pari-mutuel wagering in the Commonwealth, with plenary power to
prescribe regulations and conditions under which such racing and wagering shall
be conducted, so as to maintain horse racing in the Commonwealth of the highest
quality and free of any corrupt, incompetent, dishonest or unprincipled
practices and to maintain in such racing complete honesty and integrity. The
Virginia Racing Commission shall encourage participation by local individuals
and businesses in those activities associated with horse racing.

B. The conduct of any horse racing with pari-mutuel wagering participation in
such racing or wagering and entrance to any place where such racing or wagering
is conducted is a privilege which may be granted or denied by the Commission or
its duly authorized representatives in its discretion in order to effectuate the
purposes set forth in this chapter.

C. The award of any prize money for any pari-mutuel wager placed at a racetrack
or satellite facility licensed by the Commission shall not be deemed to be a
part of any gaming contract within the purview of § 11-14.

HISTORY: 1988, c. 855; 1992, c. 820; 1998, c. 619.