The bill aims to regulate horse racing activities in Minnesota by establishing guidelines for advance deposit wagering (ADW), card playing, and pari-mutuel betting while explicitly prohibiting historical horse racing and other forms of gambling. Key amendments include redefining advance deposit wagering to clarify that it cannot be used in conjunction with historical horse racing or other gambling devices. The definition of horse racing is updated to specify that it only includes live or simulcast races and excludes historical races. Additionally, a new definition for historical horse racing is introduced, and the parameters for pari-mutuel betting are refined to exclude betting on past races and historical horse racing.

Furthermore, the bill introduces new provisions that restrict licensed racetracks to only conduct horse racing and operate card clubs, prohibiting any other forms of gambling, including historical horse racing and slot machines. The commission's authority is also limited to horse racing and card games, explicitly barring the expansion of gambling through rulemaking or other actions. The amendments to Minnesota Statutes 2022, particularly sections 240.01 and 240.30, reflect these changes, ensuring that the focus remains solely on regulated horse racing activities.

Statutes affected:
Introduction: 240.01, 240.30
1st Engrossment: 240.01, 240.30