This bill seeks to amend and enact several sections of the North Dakota Century Code concerning horse racing and wagering. It introduces new definitions such as "historic horse race," "pari-mutuel wagering," and "equine racing facility," while clarifying the North Dakota Racing Commission's roles and responsibilities. A significant change is the elimination of the authorization for simulcast dog racing, which shifts the focus exclusively to horse racing activities. The commission will oversee the regulation of horse racing and wagering, ensuring compliance with established rules and managing funds to support the horse racing industry in the state.
Additionally, the bill establishes new provisions for wagering on historic horse races at a single equine racing facility, regardless of live racing or simulcasting. It creates a certificate system for wagering, including account wagering and simulcast pari-mutuel wagering, and requires licensed service providers to post a $500,000 bond. The bill also specifies the distribution of funds from wagers to various funds, including the racing commission operating fund and the breeders' fund. Several amendments to existing regulations are included, such as the removal of certain language regarding license validity and the introduction of new rules for combined interstate or international wagering pools, with an effective date for specific sections set for August 1, 2027.
Statutes affected: INTRODUCED: 53-06.2-01, 53-06.2-04, 53-06.2-05, 53-06.2-06, 53-06.2-07, 53-06.2-08, 53-06.2-10, 53-06.2-10.1, 53-06.2-11
Adopted by the Senate Judiciary Committee: 53-06.2-01, 53-06.2-04, 53-06.2-05, 53-06.2-06, 53-06.2-07, 53-06.2-08, 53-06.2-10, 53-06.2-10.1, 53-06.2-11
FIRST ENGROSSMENT: 53-06.2-01, 53-06.2-04, 53-06.2-05, 53-06.2-06, 53-06.2-07, 53-06.2-08, 53-06.2-10, 53-06.2-10.1, 53-06.2-11