A bill for an act relating to authorizations to conduct advance deposit wagering.
Explanation of vote. H.J. 1082.
Summary
The bill lets an entity that meets Iowa Code § 99D.9D run advance‑deposit pari‑mutuel betting for the Polk County horse racetrack. Revenue from these bets is divided equally between horse purses and the racetrack licensee, and remote wagers cannot be placed within five miles of the track unless the operator has a contract with the licensee. This aims to expand betting options while protecting local racetrack interests.
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