Simulcast horse racing; redefines to include live or pre-recorded races. (HB1537)

Introduced By

Del. Tom Gear (R-Hampton)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Horse racing; definitions; percentage retained. Redefines simulcast horse racing to include live or pre-recorded horse races. The bill also provides that notwithstanding current allocations of proceeds from pari-mutuel pools, on pari-mutuel pools generated by wagering on pre-recorded simulcast horse racing at each Virginia satellite facility and the racetrack, after payment of all prizes to winning wagers, the Commonwealth Transportation Trust Funds shall receive 51 percent of the pool to be used for highway maintenance and any other purposes determined by law; the licensee shall receive 45 percent of the pool; and the horsemen's purse account shall receive four percent of the pool. Proceeds of pari-mutuel tickets unredeemed 180 days from the date on which the wager was made and the legitimate breakage from this form of simulcast horse racing shall be retained by the licensee. Read the Bill »


Bill Has Failed


01/18/2008Presented and ordered printed 088066528
01/18/2008Referred to Committee on General Laws
02/07/2008Impact statement from DPB (HB1537)
02/12/2008Left in General Laws