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2015 SESSION

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HB 2335 Pari-mutuel wagering on simulcast horse racing; certain wagering outside of Commonwealth permitted.

Introduced by: Christopher K. Peace | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Racing Commission to permit pari-mutuel wagering on simulcast horse racing from outside the Commonwealth. Provides for the Virginia Racing Commission to permit pari-mutuel wagering on simulcast horse racing from outside the Commonwealth in the absence of a contract between the licensee and the recognized majority horseman's group. Under the bill, the Commission may permit wagering on simulcast horse racing to continue and require that the statutory amounts designated for purses and prizes generated by wagering on simulcast horse racing from outside the Commonwealth be deposited into the State Racing Operations Fund within five days from the date on which the licensee receives wagers until a new approved contract has been executed by the licensee and the recognized majority horseman's group. The bill contains an emergency clause.


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