OAR 462-150-0100
Use and Distribution of Breakage Monies
(1)
Each race meet licensee conducting a race meet shall maintain a separate account in which each horsemen’s association’s share of the breakage shall be placed. The breakage shall be accumulated on a weekly basis, Monday through Sunday. The account shall be subject to audit by the commission. The race meet licensee, except small fair race meet licensees, shall make a weekly report as to all such breakage money calculated, received, deposited, and paid. Small fair race meet licensees shall remit the breakage to the appropriate horsemen’s associations upon notification from the commission.(2)
Oregon-bred Thoroughbreds shall share in the breakage money resulting from breakage derived from Thoroughbred races and similarly the other breeds shall share in the money derived from the breakage of their respective races. The race meet licensee shall remit to each Oregon association of horsemen, recognized by the commission as representing that breed of horse, their proportionate share of any breakage monies accumulated during the meet, seven (7) days following the end of each weekly period.(3)
All expenditures of monies derived from breakage are subject to prior approval of the commission. Each recognized horsemen’s association shall submit a schedule of such expenditures annually to the commission for its approval.(4)
For computation of breakage distribution from received interstate wagering, see OAR 462-200-0440 (Distribution of Takeout and Breakage from Received Interstate Wagering).
Source:
Rule 462-150-0100 — Use and Distribution of Breakage Monies, https://secure.sos.state.or.us/oard/view.action?ruleNumber=462-150-0100.