038-10 Wyo. Code R. § 10-8

Current through April 27, 2019
Section 10-8 - Out-of-State Simulcast, Account Wagering, and Advance Deposit Wagering Facilities

(a) Pursuant to W.S. § 11-25-105(m), The commission may license, regulate and charge a source market fee to persons outside of Wyoming who conduct pari-mutuel wagering on simulcast races and who accept wagers from Wyoming residents at out-of-state simulcast facilities, and shall require out-of-state simulcast facilities licensed under this section to be maintained and operated in accordance with the laws of this state and rules of the commission.

  • (i) Out-of-State Simulcast Facility applicants shall furnish authorization from their host jurisdiction with each application.
  • (ii) The annual fee of two hundred and fifty ($250.00) dollars shall be paid to the Commission for licensing, and is not in lieu of a source market fee.
  • (iii) Each licensed and authorized pari-mutuel wagering entity located out-of-state, shall utilize a totalisator company, equipment, and software that are approved by the Commission which satisfy the record keeping and reporting requirements of the Commission.
  • (iv) A source market fee specified by the Commission shall be paid by authorized licensed pari-mutuel wagering entities for the source market fee area on all accounts that have Wyoming as the principal residence address. Source market fees imposed on persons licensed, shall not exceed ten (10%) percent of the gross receipts of all pari-mutuel wagering by Wyoming residents conducted by such person at out-of-state simulcast facilities. The source market fee shall be paid to the Commission and distributed pursuant to W.S. § 11-25-105(m) (i) (ii) (iii) and (iv).
    • (A) Source market fees are not imposed on Permitted Events which originate in Wyoming.
  • (v) The licensed pari-mutuel wagering entity shall make all electronic wagering account information available to the Commission upon request.

    Also See Chapter 9, Section 2 Advance Deposit Wagering

038-10 Wyo. Code R. § 10-8

Amended, Eff. 4/12/2016.

Amended, Eff. 4/24/2017.