Wyoming HB0084 modifies pari-mutuel wagering rules to define breakage and mandate its distribution.
Wyoming HB0084 amends pari-mutuel wagering laws by defining "breakage" as the odd cents on sums distributable in a pari-mutuel pool. It requires permittees to pay a fee based on the total amount wagered for historic and live events. The bill mandates that breakage from historic pari-mutuel events be retained and credited to a separate account by the state treasurer. This act takes effect on July 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.