(a) Every franchise holder conducting race meetings under this chapter shall keep its books and records so as to clearly show the true number of admissions, the total amount of money contributed to each pari-mutuel pool on each race separately, and the amount of money received daily from admission fees.
(b) Within sixty (60) days after the conclusion of every race meeting, the franchise holder shall submit to the Arkansas Racing Commission a complete audit of the receipts and admissions.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 4 - Miscellaneous Regulated Industries
Chapter 111 - Arkansas Greyhound Racing Law
Subchapter 5 - Conduct of Meets
§ 23-111-501. Accordance with franchise required
§ 23-111-502. Racing days and hours generally
§ 23-111-505. Additional racing days for benefit of indigent patients, etc
§ 23-111-506. Application for license to conduct meet — Issuance
§ 23-111-509. Disposition of wagering money
§ 23-111-511. Record keeping by franchise holder — Audit
§ 23-111-512. Commission's access to meets, books, records, etc
§ 23-111-513. Failure to pay tax
§ 23-111-514. Franchise holder required to give bond
§ 23-111-515. Additional racing days for the benefit of small municipalities and community colleges
§ 23-111-516. Health insurance
§ 23-111-517. Disposition of pari-mutuel tax revenue
§ 23-111-518. Legislative intent — Definitions — Payable winnings agreements