Bill No.: HB0031                  Drafter:  LGC

LSO No.:  11LSO-0067              Effective Date:  7/1/2011

Enrolled Act No.:  HEA0003

Chapter No.:       CH0006

Prime Sponsor:     Joint Travel, Recreation, Wildlife and Cultural Resources Interim Committee

Catch Title:       Pari-mutuel regulation.

Subject:       Licensing of out-of-state simulcasting facilities.

Summary/Major Elements:

· This act authorizes the pari-mutuel commission to license out of state simulcasting facilities.  The act provides that if an out-of-state simulcasting facility chooses to be licensed in Wyoming, the facility shall be maintained and operated in accordance with the laws of Wyoming.

· This act authorizes the pari-mutuel commission to collect a source market fee of not more than ten percent of gross receipts of all pari-mutuel wagering by Wyoming residents at  out-of-state facilities licensed under the provisions of this act. 

· A source market fee is defined as a license fee payable by out-of-state simulcast facilities that conduct pari-mutuel wagering on simulcast races and that accept wagers from Wyoming residents by telephone or other electronic means.

· Source market fees collected shall be distributed as follows:

· 75% to live flat track permittees in Wyoming to be used to enhance purses;

· 10% to in-state simulcast permittees;

· 10% to the breeder award fund; and

· 5% to the commission for administrative expenses.