This bill amends existing laws regarding pari-mutuel wagering in Wyoming by introducing new requirements for the issuance of pari-mutuel event permits and simulcasting. Specifically, it mandates that approval from the governing body of a city or town is necessary for simulcasting conducted within their corporate limits, while approval from the county's board of commissioners is required for simulcasting outside those limits. Additionally, the bill specifies that permits for pari-mutuel events can only be issued to entities that have received the necessary approvals and that provide an acceptable bond to the commission.
Furthermore, the bill outlines conditions under which permits will be granted, including a maximum duration of three years and stipulations that prohibit permit holders from transferring the operation or management of the events to other parties. The commission is empowered to revoke permits for violations of these conditions. The act is set to take effect on July 1, 2025, and will apply to all pari-mutuel and simulcasting permits issued after that date.
Statutes affected: 25LSO-0051 v0.4: 11-25-102, 11-25-201