HB0084 • 2025

Pari-mutuel wagering-breakage.

AN ACT relating to pari-mutuel wagering; requiring distribution of historic pari-mutuel event breakage amounts as specified; creating a definition; and providing for an effective date.

Budget

Did Not Pass

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

Sponsor: Appropriations
Last action: 2025-02-03
Official status: inactive
Effective date: 3/1/2025

Plain English Breakdown

The official source does not specify the exact day of the week for payment distribution, only that it is to occur weekly.

Pari-mutuel Wagering Breakage Act

The bill requires that leftover money from past pari-mutuel betting events be distributed and creates a definition for 'breakage'.

What This Bill Does

Defines 'breakage' as the extra cents left over in a pari-mutuel pool after all winnings are paid out.
Requires permit holders to pay one-quarter percent of money from past betting events and an amount equal to breakage to the state treasurer each week.

Who It Names or Affects

Pari-mutuel betting permit holders
The state treasurer

Terms To Know

Breakage: Extra cents left over in a pari-mutuel pool after all winnings are paid out.

Limits and Unknowns

This bill did not pass and was not considered for introduction.
The effective date of July 1, 2025, will not be reached since the bill did not move forward.

Bill History

2025-02-03 House
H Did not Consider for Introduction
2025-01-02 House
H Received for Introduction
2024-12-30 LSO
Bill Number Assigned

Current Bill Text

Read the full stored bill text

25LSO-0053
2025
STATE OF WYOMING
25LSO-0053
Numbered
2.0

HOUSE BILL NO. HB0084

Pari-mutuel wagering-breakage.

Sponsored by: Joint Appropriations Committee

A BILL

for

AN ACT relating to pari-mutuel wagering; requiring distribution of historic pari-mutuel event breakage amounts as specified; creating a definition; and providing for an effective date.

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

Section 1.

W.S. 11
‑
25
‑
102(a) by creating a new paragraph (xxiii) and 11
‑
25
‑
201(b)(ii) are amended to read:

11
‑
25
‑
102.

Definitions.

(a)

As used in this act:

(xxiii)

"Breakage" means the odd cents on any sum otherwise distributable in a pari
‑
mutuel pool.

11
‑
25
‑
201.

Pari
‑
mutuel permits; fees and reports; disposition of funds; enforcement of provisions.

(b)

Every Wednesday following any pari
‑
mutuel event, the permittee shall:

(ii)

Pay an amount equal to one
‑
quarter percent (1/4%) of the total amount wagered attributable to historic pari
‑
mutuel events and one and one
‑
half percent (1 1/2%) of the total amount wagered attributable to live pari
‑
mutuel events, shown by the report to the commission
, and an amount equal to the breakage on historic pari
‑
mutuel events retained under subsection (c) of this section
, to be credited by the state treasurer to a separate account, in the manner indicated in subsection (d) of this section;

Section 2
.

This act is effective July 1, 2025
.

(END)

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HB0084