HB2732 is a bill that proposes amendments to the Arizona Revised Statutes relating to event wagering. The bill allows a horse racing permittee located in Maricopa County that hosted racing meetings in 2023 to apply for an event wagering operator license. It expands the definitions within the event wagering statutes to include a horse racing permittee as an event wagering operator if licensed, and to consider racing meetings as a sports event. Additionally, the bill modifies the definition of a sports facility to include locations that hosted racing meetings in 2023 in Maricopa County.
The bill also clarifies that permittees who qualify for a wagering operator license and appoint a designee are not responsible for the designee's conduct. It makes technical and conforming changes to the language of the law, such as updating the date related to the deduction of free bets or promotional credits from adjusted gross event wagering receipts, and renumbering certain definitions to accommodate the new inclusions. The bill aims to integrate horse racing permittees into the event wagering framework and expand the scope of legal sports betting in Arizona.
Statutes affected: Introduced Version: 5-1301, 5-1303, 5-1304, 5-1201