Kan. Admin. Regs. § 112-9-4 - Parimutuel tickets
(a) Each parimutuel
ticket shall be evidence of a contribution to the parimutuel pool operated by
the organization licensee and shall be evidence of the obligation of the
organization licensee to pay to each holder the portion of the distributable
amount of the parimutuel pool that is represented by each valid parimutuel
ticket. Each organization licensee shall cash each valid, unmutilated winning
ticket when each ticket is presented for payment during the course of the
meeting where sold, and for a period of 60 days after the close of the race
meeting.
(b) Each valid parimutuel
ticket shall have been issued by a parimutuel ticket machine operated by the
organization licensee and recorded as a ticket entitled to a share of the
parimutuel pool, and contained imprinted information as to:
(1) The name of the organization licensee
operating the meeting and the race track;
(2) the date of the wagering transaction and
the date of the race;
(3) a unique
identifying number or code;
(4)
the race number for which the pool is conducted;
(5) the type or types of wager represented;
(6) the number or numbers
representing the wagering interest for which the wager is recorded;
(7) the amount or amounts of the contribution
to the parimutuel pool or pools for which the ticket is evidence; and
(8) the number of the ticket
issuing machine.
(c)
Each parimutuel ticket recorded or reported as previously paid, canceled or
nonexistent shall be deemed an invalid parimutuel ticket by the organization
licensee.
(d) Any organization
licensee may withhold payment and may refuse to cash any parimutuel ticket
deemed not valid.
Notes
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