The bill proposes significant amendments to the Code of West Virginia regarding dog racing requirements, primarily focusing on the licensing and operational regulations for racetracks. Key changes include the elimination of the minimum number of racing dates required for applicants to qualify for a dog racing license or to contract for telecasts and accept wagers. It mandates that dog racetracks must hold a racing license to conduct simulcast racing, regardless of whether they continue live dog racing. Additionally, the West Virginia Racing Commission is empowered to create rules for racetracks that only conduct simulcast racing, and racetracks can operate video lottery and table games without meeting the previous minimum racing date requirements.

The bill also introduces provisions for licensees licensed before January 1, 1994, allowing them to maintain their licenses without conducting live racing, provided they notify the Racing Commission and pay a cessation fee. It clarifies that no racetrack can receive telecasts and accept wagers in more than one location and outlines financial obligations for licensees, including tax payments and contributions to employee pension plans. Furthermore, it amends the application process for video lottery licenses, emphasizing mandatory requirements for applicants, including securing adequate financing and disclosing all financing arrangements. The legislation aims to modernize the regulatory framework for dog racing and related gaming activities in West Virginia, enhancing flexibility and operational continuity for racetracks.

Statutes affected:
Introduced Version: 19-23-3, 19-23-7, 19-23-12b, 29-22A-3, 29-22A-7, 29-22A-12, 29-22C-3, 29-22C-8, 29-22C-10