This bill amends existing laws related to pari-mutuel wagering in Wyoming, specifically focusing on the simulcasting of historic pari-mutuel events. It updates the definition of "pari-mutuel event" to include the use of commercial electrical gaming devices that require skill or judgment, rather than being purely chance-based. Additionally, the bill introduces new regulations for simulcasting permits, including the establishment of a minimum number of live event days required for qualification, and imposes specific conditions on permit holders. These conditions include having at least 25 commercial electrical devices at each location, a cap of 2,000 devices per permit holder, and a limit of five permit holders authorized to conduct simulcasting at any given time.
Furthermore, the bill allows existing permit holders who obtained their permits before the effective date of the act to continue their operations under the terms of their current permits until they expire. Upon renewal, they will need to comply with the new requirements set forth in the amended law. The act is set to take effect on July 1, 2025.
Statutes affected: 25LSO-0219 v0.5: 11-25-102, 11-25-104