§ 44-32-701. License Fees and Colorado-Bred Horse Race Requirement
Subject to section 44-32-702 (1), for the privilege of conducting racing under a license issued under and of operating an in-state simulcast facility pursuant to this article 32, a licensee for the racing of greyhounds and an operator of an in-state simulcast facility that receives simulcast races of greyhounds shall pay to the department through […]
§ 44-32-702. Unlawful to Wager – Exception – Excess – Taxes – Special Provisions for Simulcast Races – Rules
It is unlawful to conduct pool selling or bookmaking, or to circulate handbooks, or to bet or wager on any race meet licensed under the provisions of this article 32 other than by the pari-mutuel method. Except as otherwise provided in subsection (4) of this section, it is unlawful for a racing or simulcast facility […]
§ 44-32-703. Pari-Mutuel Pools for Race Meets and Simulcast Races
The pari-mutuel pool for a horse race meet and for simulcast races of the race meet shall be an intrastate common pool; except that, if the simulcast races are received by an out-of-state simulcast facility, the pari-mutuel pool may be an interstate common pool, and, in that case, it shall be operated by the in-state […]
§ 44-32-704. Limitations on Pari-Mutuel Wagering
Wagers on pari-mutuel horse or greyhound races conducted in or out of this state may only be placed upon the premises of a racetrack or an in-state simulcast facility licensed by the commission or the out-of-state racetrack or simulcast facility as authorized by the commission. No wagering or betting on the results of any of […]
§ 44-32-705. Horse Breeders’ and Owners’ Awards and Supplemental Purse Fund – Awards – Advisory Committee – Rules
There is hereby created a fund, to be known as the horse breeders’ and owners’ awards and supplemental purse fund, referred to in this section as the “fund”, that shall consist of money deposited thereto by the licensee for the racing of horses and by an operator of an in-state simulcast facility that receives simulcast […]
§ 44-32-706. Payments to State – Disposition
Except as otherwise provided in subsection (1)(b) of this section and in sections 44-32-701, 44-32-702 (1), and 44-32-705, all sums referred to in sections 44-32-701, 44-32-702 (1), and 44-32-705, including all sums collected for license fees and fines pursuant to the provisions of this article 32, shall be paid to the department through the division […]
§ 44-32-707. Agreement of This State
In the event any county or municipality development revenue bonds are issued in reliance on the provisions of this article 32, the state of Colorado does hereby covenant and agree with the holders of any such bonds that the state will not limit or alter the rights or powers of the owners of the bonds […]