Sec. 1. In enacting this chapter, it is the intent of the general assembly to recognize changes in technology for pari-mutuel wagering and to retain for the Indiana horse racing industry a part of revenues generated by Indiana residents on wagers placed with secondary pari-mutuel organizations. As added by P.L.268-2017, SEC.12.
Sec. 10. (a) A licensed SPMO may accept advance deposit wagers for races conducted within or outside Indiana. Advance deposit wagers made under this chapter are considered to have been made in Indiana. (b) A licensed SPMO must have a single written contract signed by each permit holder. The contract must be approved by the […]
Sec. 11. The commission shall adopt rules under IC 4-22-2, including emergency rules adopted in the manner provided in IC 4-22-2-37.1, to implement this chapter. Rules adopted under this section may include rules that prescribe: (1) procedures for verifying the age of an individual opening an advance deposit wagering account or placing a wager with […]
Sec. 12. A licensed SPMO shall comply with all applicable federal laws. As added by P.L.268-2017, SEC.12.
Sec. 13. A secondary pari-mutuel organization applying for a license under this chapter must provide the following to the commission: (1) Written evidence of the approval to conduct advance deposit wagering that the organization has received from the appropriate regulatory authority in each state where the secondary pari-mutuel organization is licensed. (2) A copy of […]
Sec. 14. The commission may require an applicant to pay any costs incurred by the commission for background checks, investigation, and review of the license application that exceed five thousand dollars ($5,000). As added by P.L.268-2017, SEC.12.
Sec. 15. (a) The commission may issue to a secondary pari-mutuel organization a license to offer advance deposit wagering to Indiana residents if the commission: (1) finds that the applicant satisfies the requirements of this chapter and the rules adopted by the commission under section 11 of this chapter; and (2) approves the contract submitted […]
Sec. 16. A secondary pari-mutuel organization that is not licensed under this chapter may not accept a wager from an individual whose physical location is within Indiana at the time the wager is made. As added by P.L.268-2017, SEC.12.
Sec. 17. An individual less than twenty-one (21) years of age may not open, own, or have access to an advance deposit wagering account. As added by P.L.268-2017, SEC.12.
Sec. 18. (a) As used in this section, “net source market fee” means the difference between: (1) the amount of the source market fee received by a permit holder from a licensed SPMO; minus (2) the amount of expenses incurred by the permit holder under this chapter. (b) Each permit holder shall not later than […]
Sec. 19. (a) A permit holder has a right of action against a secondary pari-mutuel organization that accepts a wager in violation of section 16 of this chapter. (b) If the permit holder prevails in an action filed under this section, the permit holder is entitled to the following: (1) An injunction to enjoin future […]
Sec. 2. As used in this chapter, “account holder” means an Indiana resident who has established an advance deposit wagering account. As added by P.L.268-2017, SEC.12.
Sec. 3. As used in this chapter, “advance deposit wagering” means a system of pari-mutuel wagering in which wagers of an account holder are debited and payouts are credited to an account established by the account holder, regardless of whether the wagers are made in person, by telephone, or through communication by other electronic means. […]
Sec. 4. As used in this chapter, “advance deposit wagering account” means an account for advance deposit wagering held by a licensed SPMO. As added by P.L.268-2017, SEC.12.
Sec. 5. As used in this chapter, “communication by other electronic means” means communication by any electronic communication device, including any of the following: (1) A personal computer or other device enabling communication through the Internet. (2) A private network. (3) An interactive television. (4) A wireless communication technology. (5) An interactive computer service (as […]
Sec. 6. As used in this chapter, “licensed SPMO” means a secondary pari-mutuel organization licensed under this chapter. As added by P.L.268-2017, SEC.12.
Sec. 7. As used in this chapter, “secondary pari-mutuel organization” means an entity that offers advance deposit wagering. As added by P.L.268-2017, SEC.12.
Sec. 8. As used in this chapter, “source market fee” refers to the amount of an advance deposit wager made on any race: (1) through a licensed SPMO; and (2) by an individual whose principal residence is within Indiana at the time the wager is made; that a permit holder is entitled to receive from […]
Sec. 9. Advance deposit wagering is permitted in Indiana, subject to this chapter and to rules adopted by the commission. As added by P.L.268-2017, SEC.12.
