MCC 7802 - Horse / Dog racing

The Merchant Category Code (MCC) 7802 is designated for Horse/Dog Racing, primarily encompassing businesses related to horse and dog racing events and activities. This MCC captures financial transactions typically associated with the betting, racing, and associated sporting events within these industries. Businesses involved in the organization, management, and promotion of horse and dog races fall under this category.

Types of Services

• Racing Events: Organizations that host and manage horse and dog racing competitions, including well-known tracks and circuits.
• Gambling Activities: Facilities offering on-site betting services, including wagering on live races and simulcast events.
• Training and Related Services: Stables and facilities dedicated to the training and housing of racehorses or racing dogs.

Related MCCs

• MCC 7995: Betting, including Lottery Tickets, Casino Gaming Chips, Off-Track Betting, and Wagers: Includes a broader range of gambling activities beyond horse and dog racing, covering casinos and lotteries.
• MCC 7941: Commercial Sports, Professional Sports Clubs, and promoters: Encompasses sporting events and clubs outside of horse and dog racing, involving a broader spectrum of sports activities.

FAQs

• What businesses use MCC 7802?
  - Businesses involved in organizing, promoting, and managing horse and dog racing events typically use this MCC.
• Are online betting sites for horse racing included in MCC 7802?
  - While MCC 7802 is primarily for physical racing venues, online betting may fall under other MCCs like 7995, depending on the services offered.
• How does MCC 7802 impact financial transactions?
  - Financial institutions use MCC 7802 to categorize transactions, which can affect processing fees and consumer reporting.
• Can a racetrack also offer other sporting events under MCC 7802?
  - No, MCC 7802 is specific to horse and dog racing; other sporting events would have different MCCs.

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