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Senate Bill (S)

DIGEST

Gaming matters. Authorizes sports wagering at riverboats, racinos, a Vigo County casino, and satellite facilities. Provides for the administration and conduct of sports wagering. Imposes initial and annual fees on a licensed owner, operating agent, vendor, or permit holder conducting sports wagering. Imposes initial and annual licensing fees on vendors conducting sports wagering. Specifies that a vendor contracting with a certificate holder has the same authority to conduct sports wagering as the certificate holder. Requires the use of official data to determine the winner of in-play wagers. Requires the Indiana gaming commission (IGC) to deposit vendor license application fees in Gaming matters. Authorizes sports wagering at riverboats, racinos, a Vigo County casino, and satellite facilities. Provides for the administration and conduct of sports wagering. Imposes initial and annual fees on a licensed owner, operating agent, vendor, or permit holder conducting sports wagering. Imposes initial and annual licensing fees on vendors conducting sports wagering. Specifies that a vendor contracting with a certificate holder has the same authority to conduct sports wagering as the certificate holder. Requires the use of official data to determine the winner of in-play wagers. Requires the Indiana gaming commission (IGC) to deposit vendor license application fees in the sports wagering fund. Requires the IGC to deposit sports wagering service provider license application fees in the sports wagering fund. Sets forth duties for the IGC concerning sports wagering. Requires the IGC to adopt administrative rules. Specifies that the IGC may act upon information received from a sports governing body in considering requests to prohibit wagering on particular events or to prohibit making wagers of a particular type. Establishes a sports wagering service provider license. Provides that certain items must be acquired from a person that holds both a supplier's license and a sports wagering service provider license. Provides that certain services must be obtained from a person holding a sports wagering service provider license. Specifies that required background checks apply to employees engaged in activities related to sports wagering. Provides that sports wagering at racinos is taxed as a gambling game. Specifies permissible sports wagering wagers. Prohibits wagering on e-sports. Allows live table games at racetracks in 2019. Provides each horsemen's association, certain licensees, and any association for backside benevolence shall submit to an audit by an independent public accountant and submit the report to the commission. Provides distributions of taxes from live table games at racetracks to the commission. Authorizes a holder of a Gary riverboat license to change locations under certain circumstances, to another location in Gary or to Vigo County. Allows: (1) a holder of one of the Gary riverboat licenses to move a license to a casino in Vigo County; or (2) a licensed owner of a riverboat license to apply to the IGC to operate a Vigo County casino. Repeals: (1) the maximum number of owner's licenses that may be issued to a riverboat owner; (2) the cap on the number of slot machines and gambling games at racinos; and (3) the provision that prohibits money distributed to a horsemen's association from being used for lobbying. Provides that a licensed owner of a riverboat license: (1) who is operating a Vigo County casino; or (2) who operates an casino in Vigo County using a Gary riverboat license; shall annually pay $3,000,000 to the department of natural resources (DNR) and DNR will deposit that payment in the West Baden Springs historic hotel preservation and maintenance fund. Provides that if a riverboat locates in Vigo County, the licensed owner shall pay $6,000,000 to the city of Evansville and that 80% of the funds shall be used to reduce the property lease payments of the inland casino in Evansville. Provides $1 of the supplemental wagering tax collected per person by a riverboat in Vigo County to the Vigo County capital improvement board of managers. Provides that a riverboat operating in Vigo County shall pay $2,000,000 to the commission annually to be distributed to the breed development funds. Provides that the state treasurer shall distribute tax revenue from an operating agent operating a riverboat in a historic hotel district to the state general fund and the West Baden Springs historic hotel preservation and maintenance fund. Provides that a racino is authorized to conduct wagering on table games after submitting a plan to the Indiana gaming commission that meets requirements for table games for riverboats. Provides that certain cities and counties may receive supplemental payments from wagering tax distributions. Provides that beginning after June 30, 2020, a licensed owner or racino may not deduct more than $9,000,000 from adjusted gross receipts from wagering on gambling games. Provides that a racino shall distribute monthly 20% of the adjusted gross receipts of live table game wagering. Prohibits a racino, riverboat, or riverboat operated by an operating agency from relocating within 75 miles of another racetrack, riverboat, inland casino, riverboat operated by an operating agent, or relocated casino. Makes technical corrections and other changes to conform with recent changes to the riverboat law. ... View more