2008 Pari Mutuel Auditors Conference

 

Racing Commissioners International (RCI) will host the 2008 Pari-Mutuel Auditors Conference in New Orleans, Louisiana on June 24-25, 2008.

“Regulatory auditors from RCI member jurisdictions in the United States, Canada, Mexico and the Caribbean will meet to discuss technological developments in wagering systems, security and monitoring enhancements, update their auditing techniques and skills and discuss common problems, challenges, and solutions,’ RCI President Ed Martin said.

In 2007, RCI as part of its continuing education program, reactivated regular meetings of the regulatory pari-mutuel auditors and elevated the group as a formal committee of RCI. Carol Olewin of the Texas Racing Commission serves as Chair.

The conference will take place at the Chateau Sonesta Hotel, 800 Iberville Street, New Orleans, LA. (504-586-0800). RCI member room rate is $99/night. Registration fee RCI members is $150.00 Non member registration is $350 unless specifically invited to participate in the meeting. Attendees are advised to arrive on Monday June 23rd as meetings will commence early on Tuesday, June 24th.

Preliminary topics to be discussed include the following:

• Cross-jurisdictional wagering.
• Responsibility of stop bet commands, closing the betting windows, cancel delays
• Verifying handle from simulcast outlets
• Cancellation of pari-mutuel tickets.
• Manipulation of odds.
• Policies for ticket refunds.
• Wagering types such as Robotic and Account.
• Testing and auditing of tote systems.
• Auditing the security of the tote companies.
• Licensing of tote companies.
• Monitoring the wagering security
• Wagering Transmission Protocol
• Canceled tickets and their impact on pools
• Qualifications of Mutuel Managers and their knowledge of new technologies
• Mutuel managers no longer on duty during simulcasting.
• Manual entry vs. electronic entry of handle from totes systems into jurisdictional databases.
• Terminal interface vs. gateway interface into tote systems
• Third party vendors of wagering terminals
• Industry growth pattern is toward internet account wagering

Those interested in attending should contact ewaters@arci.com.