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AZ HB2547
Bill
Status
6/7/2019
Primary Sponsor
Mark Finchem
Click for details
AI Summary
House Bill 2547 Summary
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Amends Arizona racing law to establish rules prohibiting anticompetitive and deceptive practices in simulcast agreements, including excessive fees and artificial price inflation for simulcast signals from both in-state and out-of-state racing operations.
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Requires simulcasts originating from racetracks conducting live racing in Arizona to be offered to all commercial live-racing permittees and additional wagering facilities in the state, subject to commission approval of agreements.
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Authorizes the racing commission to reject simulcast agreements it determines charge excessive or unreasonable fees, considering prevailing market rates and any common ownership or revenue sharing between parties.
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Allows a permittee in counties with 700,000-1.5 million population to own or lease up to six new additional wagering facilities between the bill's effective date and June 30, 2022.
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Updates technical language in existing racing statutes related to simulcasting, pari-mutuel wagering, and advance deposit wagering provisions.
Legislative Description
Racing commission; simulcasting; wagering facilities
Funds
Last Action
Chapter 293
6/7/2019