2021 Oregon Revised Statutes
Chapter 462 - Racing
Section 462.316 - Prohibition on accepting certain wagers; suspension or closure of account.


(2) An exchange wagering licensee may suspend or close an exchange wagering account at the discretion of the exchange wagering licensee. [2019 c.313 §7]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 13 - Housing, Games, Environment

Chapter 462 - Racing

Section 462.010 - Definitions.

Section 462.020 - License requirement; authority of commission to require fingerprints; rules.

Section 462.040 - Race meet licenses, classes, limitations, contents; rules.

Section 462.050 - Application for race meet license; bond; payment of fees; submission of financial statements and inspection of records; return of deposit; refund of license fee.

Section 462.055 - Authority to require applicant to have recommendation of local governing body; fee.

Section 462.057 - License and other fees and purses; track fund.

Section 462.062 - Fees and other payments by licensees of horse race meets not subject to ORS 462.057.

Section 462.065 - Security for association receiving payments under ORS 462.057 or 462.062; fee charged by association receiving payments under ORS 462.140.

Section 462.067 - License and other fees for race meets not subject to ORS 462.057 and 462.062.

Section 462.068 - Fees for wagering on certain previously held races.

Section 462.070 - License fees for officials, track operators and other race meet participants; rules.

Section 462.072 - Cash Vouchers Account; payment and expiration of vouchers; disposition of account balance; civil penalty.

Section 462.073 - Unclaimed Winnings Account; payment of winning or refund tickets; disposition of proceeds; civil penalties.

Section 462.075 - Grounds for refusal to issue or renew licenses; hearing.

Section 462.080 - Exclusion of certain persons from race courses; hearing; penalty.

Section 462.090 - Revocation, suspension and refusal to renew licenses; hearing; civil penalty.

Section 462.100 - License fee and tax in lieu of all others; exception.

Section 462.110 - Public liability insurance required; bond of licensee; actions on bond; insurance for jockeys and drivers.

Section 462.125 - Number and classes of race meets; unused race days; conflicting race dates.

Section 462.127 - Oregon Quarter Horse Racing Association and Oregon Division Horsemen’s Benevolent and Protective Association racing; exception to ORS 462.125.

Section 462.140 - Prohibitions concerning bookmaking, betting; track take; computation, use of breaks.

Section 462.142 - Account wagering.

Section 462.147 - Mutuel pools; forms of mutuel wagering; wagering devices; rules.

Section 462.150 - Regulation of underpayments; effect of tax.

Section 462.155 - Wagering on races previously held.

Section 462.157 - Limitations on wagering on historical animal racing.

Section 462.185 - Issuance of licenses to animal owners or trainers; conditions; revocation.

Section 462.190 - Restrictions on minors; selling wagering tickets to minors or visibly intoxicated persons.

Section 462.195 - Written statement of age from purchaser of mutuel wagering ticket or receipt.

Section 462.200 - Tests of animals participating in race meets or persons required to be licensed; costs; rules.

Section 462.210 - Oregon Racing Commission; appointment; confirmation.

Section 462.230 - Vacancies and removal.

Section 462.250 - Organization of commission; employees of commission and appointed officials to conduct race meets; commission to fix compensation; rules and regulations.

Section 462.260 - Oregon Racing Commission Account; office, records and annual report of commission.

Section 462.265 - Commission subject to state budget procedures and laws governing supervision of expenditures.

Section 462.270 - Duties of commission; rules.

Section 462.272 - Power of commission to administer oaths, take depositions, issue subpoenas.

Section 462.273 - Prohibited activities of commission, staff and family members.

Section 462.275 - Commission activities concerning betterment of racing; establishment of library.

Section 462.301 - Definitions for ORS 462.301 to 462.340.

Section 462.304 - Legislative findings.

Section 462.307 - Lawful exchange wagering.

Section 462.310 - Exchange wagering accounts.

Section 462.313 - Exchange wagering license; rules.

Section 462.316 - Prohibition on accepting certain wagers; suspension or closure of account.

Section 462.334 - Fees.

Section 462.337 - Limitations on authority of Oregon Racing Commission.

Section 462.340 - Rules.

Section 462.405 - Board of stewards’ authority; civil penalties and other sanctions; review of actions by commission; hearing; fee.

Section 462.408 - Recovery of owed amounts.

Section 462.415 - Animals prohibited from racing; prohibited acts; rules.

Section 462.430 - Prohibitions concerning influencing results of races.

Section 462.450 - Regulation of possession, transportation or use of drugs at race course.

Section 462.460 - Racing animal under name or designation other than registered name or designation or altering license prohibited.

Section 462.510 - Demand or acceptance of compensation for furnishing racing information as touting; how predictions on race outcome may be sold.

Section 462.710 - Application; contents; conditions; revocation of authority.

Section 462.720 - Pooling wagered moneys; surcharge on wagering by licensee.

Section 462.725 - Multi-jurisdictional simulcasting and wagering; fees; rules; distribution of moneys paid to commission.

Section 462.735 - Suspension or refusal to renew license; hearing; rules.

Section 462.740 - Rules; compliance with federal law.

Section 462.990 - Penalties.