Okla. Admin. Code § 325:10-1-4 - Intent of Commission
(a) It is the intent
of the Commission in issuing organization licenses to enable the market for
pari-mutuel horse racing to mature and expand as it gains the trust of the
general public. Because the oversaturation of the market with pari-mutuel horse
racing facilities would be detrimental to the generation of public revenue,
encouragement of agriculture and the breeding of horses in the State, and would
be further detrimental to the maintenance of race meetings of the highest
quality, free of corrupt practices, it is the intent of the Commission to limit
the number of organization licenses to the number which the Commission
determines the Oklahoma market can support so as to encourage agriculture and
the breeding of horses in this State; maintain race meetings held in this State
of the highest quality and free of any pari-mutuel horse racing practices which
are corrupt, incompetent, dishonest, or unprincipled; dissipate any cloud of
association with the undesirable and maintain the appearance as well as the
fact of complete honesty and integrity of pari-mutuel horse racing in this
State; and generate public revenues.
(b) It is the determination of this
Commission that at this time and in the immediate future, the market in the
State of Oklahoma can support one major pari-mutuel horse racing
facility.
(c) Nothing in this
Section shall be construed to be a statement of the Commission's intent
regarding other than major pari-mutuel racing facilities.
Notes
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