1. In addition to the state policy concerning gaming as set forth in NRS 463.0129, the Legislature hereby finds, and declares to be the public policy of this state concerning activities and information related to wagering on races held at a track which uses the pari-mutuel system of wagering that:

(a) All persons licensed to operate and maintain a sports pool or race book are entitled to receive on a fair and equitable basis all information concerning such racing that is being disseminated into and within this state.

(b) In order to protect the health, safety, morals, good order and general welfare of the public, all persons, associations, locations, practices and activities related to the dissemination and use of information concerning such racing should be controlled, supervised and properly licensed.

2. In accordance with reasonable regulations which may be adopted, amended or repealed by the Commission, the Commission has the power and jurisdiction:

(a) To regulate and control the business of supplying and disseminating information by such means concerning racing held at a track which uses the pari-mutuel system of wagering.

(b) To issue, condition, limit and restrict licenses to such disseminators.

(c) To suspend, revoke, condition or limit such licenses or impose fines in accordance with NRS 463.310.

(d) To prescribe the manner, terms and conditions for receiving, supplying or disseminating in this state information concerning such racing.

3. The Commission is empowered to adopt, amend and repeal such regulations as may be necessary for the orderly administration of NRS 463.430 to 463.480, inclusive, and for the protection of the public and in the public interest.

[2:152:1949; 1943 NCL § 6227.02] — (NRS A 1959, 455; 1983, 1036; 1985, 2141)