(a) Manner of agreement.--Any agreement entered into between a licensed gaming entity and a licensed racing entity to facilitate casino simulcasting shall be in writing and shall be filed with and approved by the board and the commission in accordance with regulations promulgated by the board in consultation with the commission.
(b) Wager provisions.--Notwithstanding 3 Pa.C.S. § 9334 (relating to State Racing Fund and tax rate) or 9335 (relating to pari-mutuel pool distribution), the following shall apply:
(1) If a licensed gaming entity offers casino simulcasting at its licensed facility through an agreement with a licensed racing entity, the agreement shall specify the percentage of the money wagered each racing day at the simulcasting facility and remaining in the wagering pools after the required distributions under 3 Pa.C.S. § 9335 that will be paid to the licensed gaming entity. The amount retained by a licensed gaming entity shall not exceed 25% of the money retained by the licensed racing entity under 3 Pa.C.S. § 9335.
(2) (Reserved).
(c) Regulations.--The board, in consultation with the commission, shall establish regulations to administer the retention requirements under this section.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 13F - Casino Simulcasting
Section 13F01 - Legislative intent and purpose
Section 13F05 - Authorization to conduct simulcasting
Section 13F07 - Temporary regulations
Section 13F08 - Simulcast agreements
Section 13F11 - Application for permit and requirements
Section 13F12 - Casino simulcasting permit
Section 13F13 - Casino simulcasting facilities
Section 13F14 - License, registration or permitting of employees required
Section 13F15 - Key employees and occupation permits
Section 13F31 - Conduct of casino simulcasting
Section 13F32 - Transmission of live races
Section 13F33 - Accounting controls and audit protocols
Section 13F34 - Condition of continued operation
Section 13F41 - Casino simulcasting authorization fee
Section 13F42 - Retention and distribution of money and pari-mutuel pools