Oregon Code § 462.313·Enacted ·Last updated March 01, 2026
Statute Text
Exchange wagering license; rules.
(1) The Oregon Racing Commission may issue an exchange wagering license to an
applicant that meets the requirements of this section and the rules adopted by
the commission pursuant to this section.
(2) An applicant
shall submit an application in a form and manner determined by the commission
by rule and shall include information about the applicants security policies
and safeguards designed to ensure player protection and integrity, including
but not limited to provisions regarding:
(a) The
acceptance of electronic applications for the establishment of exchange
wagering accounts;
(b) Verification
of location and age of applicants for the establishment of exchange wagering
accounts;
(c) The use of
identifying factors to ensure security of individual exchange wagering
accounts; and
(d) The
requirements for the management of moneys in exchange wagering accounts.
(3) An applicant
may be located inside this state or in another jurisdiction. [2019 c.313 §6]