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MCC 9754 - Horse / Dog racing

mcc 9754

The Merchant Category Code (MCC) 9754, designated for Horse / Dog Racing, serves a specific niche within the entertainment and sports industry. This code primarily covers businesses and organizations that host and manage horse or dog racing events, including betting and wagering activities associated with these races. These businesses provide an avenue for spectators to engage in the excitement of live racing while offering opportunities for legal wagering.

Category: Government Services

Types of Services

  • Race Track Operations: Organizations that maintain and operate the physical venues where horse and dog races take place.
  • Betting and Wagering Services: Facilitate betting activities both on-site at race tracks and through digital platforms, adhering to local gambling regulations.
  • Event Management: Coordinating and organizing major racing events which may also include hospitality services for spectators.

Related MCCs

  • MCC 7995: Betting, including Lottery Tickets, Casino Gaming Chips, Off-track Betting: This code is broader and encompasses all forms of betting and gambling services, including lotteries and casinos.
  • MCC 7996: Amusement Parks, Carnivals, Circuses, and Fortune Tellers: While also in the entertainment category, this MCC focuses more on amusement services rather than sporting events.

FAQs

  • What transactions fall under MCC 9754?
    - Transactions related to attending horse or dog races and any wagering activity at these events are categorized under MCC 9754.
  • Are online betting sites included in MCC 9754?
    - Yes, online platforms specifically dedicated to horse or dog race betting can fall under this MCC, provided they align with jurisdictional regulations.
  • Do horse and dog racing venues need special licenses to operate?
    - Yes, they typically require licenses specific to gambling operations, which vary based on local and federal regulations.

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