(A) "Capital Investment" means cost related to demolition, engineering, architecture, design, site preparation, construction, infrastructure improvements, land acquisitions, furniture, fixtures, equipment, insurance related to construction, capitalized interest and other financing costs, leasehold improvements, video lottery terminal acquisition and related technology, surveillance and security equipment, and such other costs as approved by the director which are usual and customary for the industry.
(B) "Commission" and "racing commission" mean the racing commission under Chapter 3769. of the Revised Code.
(C) "Director" means the director of the state lottery commission under Chapter 3770. of the Revised Code.
(D) "Permit Holder" means a corporation, trust, partnership, limited partnership, association, person or other group of persons who or which has been granted a permit to conduct a horse racing meeting under Chapter 3769. of the Revised Code.
(E) "Temporary Facility" is a location where a permit holder who conducts live racing and simulcasting according to the requirements of Chapter 3769. of the Revised Code will simulcast racing according to the requirements set forth in section 3769.089 of the Revised Code. The permit holder will simulcast all horse races in this state and horse races conducted at facilities located outside this state made available on each day that video lottery games are operated,
(F) "Video Lottery" means the operation of video lottery games through the use of video lottery terminals, central monitoring systems, control systems, communications processes and/or associated equipment and activities connected and/or associated therewith.
(G) "Video Lottery Game" means any game authorized by the lottery commission that is played on a video lottery terminal.
(H) "Video Lottery Sales Agent" means a permit holder that conducts live racing in accordance with Chapter 3769. of the Revised Code, and that is licensed by the director to sell video lottery games through video lottery terminals, and who continues to be a permit holder while authorized by the director to conduct video lottery games.
(I) "Video Lottery Terminal or VLT" is a device used by a video lottery sales agent in connection with the sale of video lottery games.
(J) "Incremental Economic Benefits" means demonstrating a substantial positive gain in:
(1) Job creation;
(2) Capital investment in a new facility;
(3) Video lottery terminal revenue to support school districts; and
(4) Local tax base.
(K) "Race Track" means any place, track, or enclosure where a permit holder conducts live horse racing and simulcasting for profit at a race meeting under Chapter 3769. of the Revised Code. "Race Track" includes facilities or premises contiguous to those places, tracks, or enclosures.
R.C. 119.032 review dates: 02/22/2018
Promulgated Under: 119.03
Statutory Authority: R.C. 3769.03 , Section 3 of Am. Sub. H.B. 386 as enacted by the 129th General Assembly; 3769.03
Rule Amplifies: Section 3 of Am. Sub. H.B. 386 as enacted by the 129th General Assembly; 3769.03