Title: Advanced Deposit Wager (ADW) Provider
Alternate Title:
Description:
"Advance deposit wagering" or "ADW" means a system of pari-mutuels wagering in which wagers and withdrawals are debited and winning payoffs and deposits are credited to an account held by an authorized ADW provider on behalf of an account holder.
"Authorized advance deposit wagering provider" or "ADW provider" means a person who holds a Class C license under this chapter as a racing or gaming-related vendor and has entered into a commission-approved contract with a Class A or Class B licensee to provide advance deposit wagering on horse racing under this chapter. Minnesota Racing Commission (MRC)
Subject: Gambling
Horse Racing
Racing
Creation Date: 9/11/2008 2:16:35 PM
Modification Date: 9/10/2024 1:15:33 PM
Agency Name: Racing Commission (MRC), Minnesota
Agency URL: https://mn.gov/mrc/
Agency Description:
“The Minnesota Racing Commission operates in the public interest to ensure the integrity of horse racing and card playing, oversee the proper distribution of funds back into the industry, and provide for the safety and welfare of the human and equine participants. Additionally, the Commission works to promote the horse racing and breeding industry in Minnesota in order to provide economic stimulus, offer residents and visitors an exciting entertainment option, and support agriculture and rural agribusiness.”
Agency Phone: Agency Fax: Agency URL: https://mn.gov/mrc/
Agency Address:
Canterbury Park Location 952-496-7950 | 952-496-7954 fax
Running Aces Location 651-925-3951 | 651-925-3953 fax
Audience: Hold
Application URL:
Renewal URL:
Versa URL:
Requirements:
Review: Minn. Stat. Chapter 240 and Minn. Rules 7869, Minn. Rules 7877, and Minn. Rules 7880
Rules: 7869
7877
7880
Statutes: 240
Forms:
ADW Application
ADW Bond Form
ADW Fee Submittal
Applications are available at License Applications
Fees:
Initial license fee - $10,000
Annual renewal fee $2,500
Period of Issuance:
One year.
Length of Determination:
Other Info:
Activity: Card Playing
Horse Racing
Equines
License Detail URL:
Forms-Licensing Applications
Minnesota Racing Commission
MN Racing Commission Office Locations
Canterbury Park Office
1100 Canterbury Road, Suite 100
Shakopee, MN 55379
952-496-7950 | mrclicensing@state.mn.us
Canterbury Park
Running Aces Office
15201 Zurich Street N.E., Suite 212
Columbus, MN 55025
651-925-3951 | mrclicensing@state.mn.us
Running Aces Casino & Racetrack
