Pari-mutuel & Auditing Department
The mission of the Pari-mutuel & Auditing Department is to protect the interest
of the wagering public and assure the collection and distribution of funds as
mandated by the Texas Racing Act.
The department has at least one pari-mutuel field auditor located at every
Texas pari-mutuel track. The auditors maintain the pari-mutuel application in
the Commission's comprehensive regulatory database, answer questions from the
public concerning pari-mutuel wagers and payoffs, and perform audits. The pari-mutuel
field auditors are supervised by two regional accounts examiners and by the
Deputy Director of Pari-mutuels & Licensing.
Among other things, the department's auditors:
- Examine and distribute Accredited Texas Bred Incentive Program funds.
- Conduct E.D.P. audits of totalisator software.
- Conduct compliance audits of the commissions withheld from the pari-mutuel
handle and the pool payoffs made to the public from the handle.
- Audit earned and paid purses by statute and by rule.
- Audit depository reports filed by each Texas pari-mutuel racetrack.
- Audit simulcast contracts and commission distributions.
Pari-mutuel Advisory
Committee
The Deputy Director for Pari-mutuels & Licensing chairs the Texas Pari-mutuel
Advisory Committee, which was formed to review the Commission's Rules regarding
pari-mutuel pool distribution, pari-mutuel department operations, and totalisator
operations. The Committee reports to the Commission its recommended revisions
to the Rules.
The Committee is also considered a pari-mutuel "think tank", where
industry representatives may communicate concerns and frustrations, share experiences,
and meet other participants within the pari-mutuel industry. Currently, the
Texas Pari-mutuel Advisory Committee includes the mutuel manager from each Texas
pari-mutuel racetrack, a representative of the Texas Horsemen's Partnership,
a representative from each of the three totalisator companies operating in Texas,
a representative from the Comptroller of Public Accounts, and the Commission's
regional accounts examiners.
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