HB0187 • 2024

Historic horse racing amendments.

AN ACT relating to gaming; revising requirements for historic horse racing permits; and providing for an effective date.

Taxes

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Representative Walters
Last action: 2024-02-16
Official status: inactive
Effective date: 3/1/2024

Plain English Breakdown

The official source material confirms all the claims made in the candidate explanation without any need for modification or removal.

Changes to Historic Horse Racing Rules

The bill revises the requirements for permits related to historic horse racing and sets limits on the number of electronic devices allowed for betting.

What This Bill Does

Revises the rules about how many live horse races are needed to get a permit for simulcasting (showing races from other places).
Requires that any place getting a permit must have at least twenty electronic devices for people to bet on past horse racing events.
Limits the number of betting machines to fifty per day if there are not enough live horse race days in a year.
Reduces the number of betting machines by fifty for each missing live horse race day from the previous year.

Who It Names or Affects

People and companies that want permits for historic horse racing simulcasting.
The gaming commission responsible for issuing these permits.

Terms To Know

Simulcasting: Showing live or recorded horse races from other places so people can bet on them.
Pari-mutuel wagering: A type of betting where all the money is shared among winners after taking out a percentage for the track and taxes.

Limits and Unknowns

The bill did not pass, so it does not have an effective date.
It only affects places that want to get permits for historic horse racing simulcasting.

Bill History

2024-02-16 House
H Did not Consider for Introduction
2024-02-13 House
H Received for Introduction
2024-02-13 LSO
Bill Number Assigned

Current Bill Text

Read the full stored bill text

24LSO-0294
2024
STATE OF WYOMING
24LSO-0294
Numbered
2.0

HOUSE BILL NO. HB0187

Historic horse racing amendments.

Sponsored by: Representative(s) Walters

A BILL

for

AN ACT relating to gaming; revising requirements for historic horse racing permits; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 11
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25
‑
104(m) is amended to read:

11
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25
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104.

Gaming commission; officers; director; meetings; quorum; records; licenses generally; effect of financial interest in events.

(m)

The commission shall establish the number of actual live horse racing or pari
‑
mutuel event days required to qualify for a simulcasting permit.
A live horse racing day shall consist of not less than six (6) races with not less than six (6) horses per race.
The commission shall adopt rules governing establishment of live horse racing or pari
‑
mutuel event days required for a simulcasting permit in a manner that ensures fair and equitable involvement of all affected parties, including consideration of the economic viability of those days to permit applicants.
For pari
‑
mutuel wagering on events that have previously occurred, the simulcasting permit shall be limited as follows:

(i)

No permit shall be issued for a location that will have less than twenty (20) electronic devices for pari
‑
mutuel wagering;

(ii)

The permit shall be limited to not more than fifty (50) electronic devices for pari
‑
mutuel wagering for each day of live horse racing days required to qualify for a simulcasting permit under this subsection. If the number of live horse racing days required to qualify for a simulcasting permit under this subsection is not met in any calendar year, in the following calendar year the permit holder shall reduce the number of electronic devices utilized by the permit holder by fifty (50) for each day of live horse racing in the preceding calendar year that was less than the number of live horse racing days required to qualify for a simulcasting permit under this subsection.

Section 2
.

This act is effective July 1, 2024
.

(END)

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HB0187