SECTION 325:65-3-8. Account operation  


Latest version.
  • (a)   The organization licensee must maintain complete records of every deposit, withdrawal, wager and winning payoff for each short- and long-term account. Voucher accounts shall be recorded in a manner similar to a ticket. These records shall be made available to the Commission upon request.
    (b)   Any account wagering system must provide for the account holder's review and finalization of a wager before it is accepted by the organization licensee. Neither the account holder nor the organization licensee shall change a wager after the account holder has reviewed and finalized the wager.
    (c)   For wagers made by voice telephone, the organization licensee shall make a voice recording of the entire transaction and shall not accept any such wager if the voice recording system is inoperable. The voice recording of the transaction shall be deemed to be the actual wager, regardless of what was recorded by the pari-mutuel system.
[Source: Added at 9 Ok Reg 3201, eff 6-30-92 (emergency); Added at 10 Ok Reg 3569, eff 7-12-93; Amended at 14 Ok Reg 2935, eff 7-11-97]