The bill amends sections of the Arizona Revised Statutes related to event wagering, introducing several key changes. It clarifies that no particular prize in a lottery game may be paid more than once and establishes that if multiple claimants are entitled to a prize, they will receive equal portions. Additionally, it specifies that an elected official's name cannot be printed on tickets or shares, and it updates the funding amounts for the internet crimes against children enforcement fund and the victims' rights enforcement fund to $900,000 and $100,000, respectively.
Furthermore, the bill introduces new definitions and clarifications regarding event wagering, including the definition of "other event," which excludes electronic games that replicate casino-style games. It also modifies the definition of "adjusted gross event wagering receipts" to include a deduction for free bets or promotional credits limited to the first five years after April 15, 2021. The bill aims to regulate electronic keno and mobile draw games while ensuring that they do not mimic traditional casino games. Overall, these amendments seek to enhance the regulatory framework for event wagering in Arizona.
Statutes affected: Introduced Version: 5-554, 5-1301, 5-568, 41-199, 41-1727, 5-571, 5-1213, 5-1321, 5-107, 5-601.02, 5-101, 5-562, 5-401