This bill amends Florida Statutes to modify the requirements for thoroughbred permitholders regarding live racing and slot machine gaming licensure. Specifically, it removes the mandate that thoroughbred permitholders must conduct live racing, allowing them the option to elect not to conduct live racing or games. Additionally, the bill updates the language to reflect that thoroughbred permitholders who choose not to conduct live racing will still retain their permits and remain eligible for various licenses and facilities, including slot machine licenses, while being exempt from certain previous requirements.

Furthermore, the bill eliminates specific licensure conditions for thoroughbred permitholders related to conducting a full schedule of live racing or games as a prerequisite for maintaining slot machine gaming authority. This change aims to streamline the regulatory framework for thoroughbred permitholders and enhance their operational flexibility. The effective date for these changes is set for July 1, 2025.

Statutes affected:
S 408 Filed: 550.01215