California AB1526 amends regulations for minisatellite wagering facilities in horse racing.

California AB1526 modifies the Business and Professions Code to regulate minisatellite wagering facilities in horse racing. It mandates annual audits of horsemen's organizations' financial records, including pension funds, and requires written consent from the San Mateo County Fair for any minisatellite wagering site within a 20-mile radius of its fairground. The bill allows the board to approve up to 15 additional minisatellite wagering sites per zone, prioritizing those with the largest handle.

California AB1526 amends regulations for minisatellite wagering facilities in horse racing.

California AB1526 modifies the Business and Professions Code to regulate minisatellite wagering facilities in horse racing. It mandates annual audits of horsemen's organizations' financial records, including pension funds, and requires written consent from the San Mateo County Fair for any minisatellite wagering site within a 20-mile radius of its fairground. The bill allows the board to approve up to 15 additional minisatellite wagering sites per zone, prioritizing those with the largest handle.