summary
Introduced
02/02/2018
02/02/2018
In Committee
02/02/2018
02/02/2018
Crossed Over
Passed
Dead
03/10/2018
03/10/2018
Introduced Session
2018 Regular Session
Bill Summary
The purpose of this bill is to provide a mechanism to allow licensing of advance deposit wagering.
AI Summary
This bill provides a mechanism to allow the licensing of advance deposit wagering (ADW) in West Virginia. ADW is a method of pari-mutuel wagering where individuals can establish an account with a licensed ADW provider to place bets on horse races electronically or by phone. The bill defines key terms, gives the West Virginia Racing Commission authority to license and regulate ADW providers, establishes a source market fee on ADW wagers, and imposes penalties for unlicensed ADW operations. The purpose is to authorize and regulate ADW in the state, while ensuring the benefits flow to the West Virginia racing industry.
Committee Categories
Justice
Sponsors (5)
Last Action
To House Judiciary (on 02/02/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4406&year=2018&sessiontype=RS&btype=bill |
| BillText | http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=hb4406%20intr.htm&yr=2018&sesstype=RS&i=4406 |
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