Bill No.:                     HB0025                                 Drafter:  LGC

 

LSO No.:                   13LSO-0220                         Effective Date:  7/1/2013

 

Enrolled Act No.:    HEA0046

 

Chapter No.:            CH0075

 

Prime Sponsor:       Representative Wallis

 

Catch Title:              Simulcasting of pari-mutuel events.

 

Subject:                     Authorizing pari-mutuel wagering on historic pari-mutuel events.

 

 

Summary/Major Elements:

 

 

·        This act permits the pari-mutuel commission to promulgate rules to allow wagering on events that have previously occurred, using an electronic system or device that affords an opportunity for the exercise of skill or judgment where the outcome is not completely controlled by chance alone.

 

·        Pari-mutuel events are limited in current law to horse racing, harness racing, cutter racing, chariot racing, chuckwagon racing, dog racing and professional roping events.

 

·        This act requires one-half of one percent of the total amount wagered on those historic events to be distributed to the pari-mutuel commission and one percent of the total amount wagered on those historic events to be distributed to the county, city and town in which the permittee collecting the wagers is located.