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§ 203 — 203 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

203

U.S. Virgin Islands § 203 — U.S. Virgin Islands law

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For the purposes of this chapter, and unless the context requires a different meaning:\n(1) 'added money' means the various fees paid by owners of horses nominated to, entered in and/or starting a race;\n(2) 'purse race' means a race in which the owners of competing horses do not contribute to the prize money;\n(3) 'stake race' means a race that is closed to nominees more than 72 hours before it is to be run with prize money which includes all stakes in addition to the money added by a horse racing association;\n(4) 'simulcast' means the simultaneous audio-visual transmission of a horse race or set of horse races from the race track where the event occurs to another location;\n(5) 'parimutuel take' means that amount, including breaks, to be retained by the parimutuel operator after payment to the holders of winning tickets;\n(6) 'sending jurisdiction' means that state, commonwealth, or territory in which the racing facilities are located and which hosts the race being transmitted.\n(7) 'Outs' means winning or refundable tickets or the prize money for winning or refundable tickets which remain unclaimed or uncashed by a purchaser six (6) months after purchase.\n(8) 'Host track

\n(7) 'Outs' means winning or refundable tickets or the prize money for winning or refundable tickets which remain unclaimed or uncashed by a purchaser six (6) months after purchase.\n(8) 'Host track fees' means those fees paid by the simulcaster or simulcast operator to the race track or its agent(s) for the race which is transmitted.