Colorado § 44-32-703 - Pari-mutuel pools for race meets and simulcast races.
Full text of Colorado Colorado Revised Statutes § 44-32-703 — Pari-mutuel pools for race meets and simulcast races., with citation guidance and answers to common questions.
§ 44-32-703. Pari-mutuel pools for race meets and simulcast races.
(1) The pari-mutuel pool for a horse race meet and for simulcast races of the race meet shall be an intrastate common pool; except that, if the simulcast races are received by an out-of-state simulcast facility, the pari-mutuel pool may be an interstate common pool, and, in that case, it shall be operated by the in-state host track conducting the horse race meet.
(2) An in-state simulcast facility receiving simulcast races from an out-of-state host track may participate either in a pari-mutuel pool into which only the pari-mutuel wagers on the simulcast races that are placed at the in-state simulcast facility are taken or in an interstate common pool. The commission shall permit an operator of an in-state simulcast facility participating in an interstate common pool to adopt the takeout percentage of the out-of-state host track for the interstate common pool.
Source: L. 2018: Entire article added with relocations, (HB 18-1024), ch. 26, p. 317, § 2, effective October 1.
Editor's note: This section is similar to former § 12-60-703 as it existed prior to 2018.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 44-32-703
What does Colorado Revised Statutes § 44-32-703 cover?
Section 44-32-703 ("Pari-mutuel pools for race meets and simulcast races.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 44-32-703?
A common citation format is "Colorado Revised Statutes § 44-32-703" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 44-32-703 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.