Comments: IN SB0552 | 2019 | Regular Session

Bill Title: 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: (1) sports wagering; and (2) granting certain gambling licenses. 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. Specifies permissible sports wagering wagers. Prohibits wagering on e-sports. Provides the process for withholding delinquent child support from sports wagering winnings. Makes changes to the appointment of members on breed development advisory committees. 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. Repeals the provision that prohibits money distributed to a horsemen's association from being used for lobbying. Authorizes a holder of a Gary riverboat license to change locations under certain circumstances, to another location in Gary or to Vigo County. Provides that, if gaming operations are relocated within the city of Gary, certain units of government may receive supplemental payments from wagering tax distributions. Provides a procedure if the owner of one of the Gary riverboat licenses applies to operate in Vigo County to notify the other riverboat owners who may then file a declaration of interest to compete for ownership of the riverboat license to be located in Vigo County. Sets forth the procedure to determine the value of the Gary riverboat license being proposed to be relocated to Vigo County. Provides that the IGC may determine that the holder of the Gary riverboat license may be required to sell its license to another riverboat owner that filed a declaration of interest. Requires a licensed owner or permit holder operating a casino in Vigo County to enter into a development agreement. Provides that a riverboat operating in Vigo County shall pay: (1) $2,000,000 to the Indiana horse racing commission annually to be distributed to the breed development funds; (2) $1,500,000 to the department of natural resources (DNR) and DNR will deposit the payment in the West Baden Springs historic hotel preservation and maintenance fund (fund), each year, for three years; (3) certain sums to the city of Evansville, each year, for three years. Provides that the state treasurer shall distribute the tax revenue from an operating agent operating a riverboat in a historic hotel district (operating agent) to the state general fund and the fund. Provides that if the balance of the fund exceeds $25,000,000, distribution of tax revenue from the operating agent shall be paid to the state general fund. Repeals the maximum number of owner's licenses that may be issued to a riverboat owner. Provides that a racino is authorized to conduct wagering on table games after submitting a plan to the IGC that meets requirements for table games for riverboats. Provides distributions of taxes from live table games at racetracks. 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 12% of the adjusted gross receipts of live table game wagering. Imposes a gambling game tax for wagering on table games at racinos. Provides that a Gary riverboat operation relocated to Vigo County and any future relocation of a license is prohibited 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.

Spectrum: Bipartisan Bill

Status: (Engrossed) 2019-03-05 - First reading: referred to Committee on Public Policy [SB0552 Detail]

Text: Latest bill text (Engrossed) [PDF]

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