Wyo. Stat. § 11-25-201 (2026)

disposition of funds; enforcement of provisions.

     (a) The commission may issue pari-mutuel permits for a
specified period not to exceed three (3) years from the date of
issuance to any Wyoming county, city, incorporated town, county
fair board or any corporation or association that has been
approved by the board of county commissioners, except as
provided for simulcasting permits in W.S. 11-25-210, and that
provides a bond acceptable to the commission. No permit shall be
granted to any city, town, county, county fair board or any
corporation or association except upon the express condition
that it shall not, by any lease, contract, understanding or
arrangement of whatever kind or nature, grant, assign or turn
over to any person, corporation or association the operation or
management of the pari-mutuel event permitted under this act or
of the pari-mutuel system of wagering or in any manner permit
any person, corporation or association to retain any of the
money received for admission to the race meeting or from the
operations of the pari-mutuel system. The commission shall
revoke the permit of any permittee for any violation of the
foregoing condition and such acts are a violation of this act.
The permit is effective only for the times and at the places for
which issued. In addition to all other fees and charges, there
shall be charged before issuance of a permit a daily fee
established by the commission to defray expenses of enforcing
this act.

     (b) Every Wednesday following any pari-mutuel event, the
permittee shall:

          (i) File a report with the commission showing the
total amount of money wagered during the period;

          (ii) Pay an amount equal to one-quarter percent
(1/4%) of the total amount wagered attributable to historic
pari-mutuel events and one and one-half percent (1 1/2%) of the
total amount wagered attributable to live pari-mutuel events,
shown by the report to the commission, to be credited by the
state treasurer to a separate account, in the manner indicated
in subsection (d) of this section;

          (iii) Pay an amount equal to one percent (1%) of the
total amount wagered attributable to historic pari-mutuel
events, shown by the report to the commission, to be transferred
by the commission to the county and the city or town in which
the permittee is located, in equal shares, or to the county
alone if the permittee is not located within the boundaries of a
city or town. The county, city or town receiving an amount under
this paragraph may credit that amount to the state fair account
upon a majority vote of the county's, city's or town's governing
body; and

          (iv) Pay an amount equal to one-quarter percent
(1/4%) of the total amount wagered attributable to historic
pari-mutuel events, shown by the report to the commission, to be
credited to the legislative stabilization reserve account.

     (c) The permittee may retain an amount equal to nineteen
and four-tenths percent (19.40%) of the total amount wagered
shown by the report and may retain up to an additional five
percent (5%) of the amount wagered on multiple or exotic wagers.
The permittee shall retain the breakage on not more than ten
cents ($.10) and retain unclaimed tickets not claimed within one
(1) year following the event for the expenses of the race meet
and purses and for the promotion of the racing industry.

     (d) All sums paid to the commission under this act except
contributions from permittees to the breeder award fund, amounts
paid under paragraphs (b)(iii) and (iv) of this section, fines
and penalties shall be credited to the pari-mutuel account which
shall be used by the commission for the payment of all expenses
incurred in enforcing this act. On a quarterly basis, the
commission shall transfer amounts within the account in excess
of one million five hundred thousand dollars ($1,500,000.00) to
the state treasurer for credit to the legislative stabilization
reserve account. All fines and penalties collected under this
act shall be paid to the state treasurer and credited as
provided in W.S. 8-1-109. The state treasurer shall pay out of
the account all warrants drawn by the state auditor, upon
vouchers issued and signed by the president, vice-president or
executive secretary of the commission. The commission shall keep
an accurate and true account of all funds received and all
vouchers issued by the commission. All funds received and all
vouchers issued by the commission shall be audited at least
biennially by the director of the state department of audit or
his designee and a copy of the audit shall be delivered within
thirty (30) days after completion to the governor and the
commission. The costs of the audit shall be borne by the
commission. The members of the commission shall receive per
diem and mileage as provided in W.S. 33-1-302(a)(vii), and
compensation of fifty dollars ($50.00) for each day during which
they are actually engaged in the discharge of their duties. The
total expenses incurred by the commission shall not exceed the
total amount in the pari-mutuel account.

     (e) Applications for permits shall be made to the
commission and shall fully identify the applicant, include a
proper financial statement showing the financial responsibility
of the applicant, show the purpose and use of the permit and
describe the events to be conducted and the arrangements
therefor, the manner of wagering and the names and
identification of those to supervise the manner of wagering and
the controls and supervision by the permittee.

     (f) The commission may issue, amend or refuse to issue
permits in its discretion.
     (g) The rules of racing set forth by the commission shall
be made available to all participants of each event, and
violations shall be misdemeanors punishable as provided herein.

     (h) The commission shall observe and supervise the conduct
of pari-mutuel wagering under permits issued by the commission
and shall appoint one (1) of its members or employ one (1) or
more persons to represent the commission in the administration
and enforcement of this act and in the supervision of the
conduct of pari-mutuel wagering and the events in connection
therewith under each permit issued. Representatives of the
commission shall have access to the events and to the pari-
mutuel booths and records and shall be paid an amount determined
by the commission plus expenses and mileage as fixed by law for
state officers, payment therefor to be made by the state
auditor.

     (j) As a condition of receiving a pari-mutuel permit, the
permittee shall agree to and shall contribute to the breeder
award fund administered by the commission an amount equal to
four-tenths of one percent (0.40%) of the total handle wagered
during the pari-mutuel event and an additional sum equal to
twenty percent (20%) of the additional amount retained pursuant
to subsection (c) of this section on multiple or exotic wagers.
The contribution shall be derived from the net proceeds of the
race meet revenues, other than the permittee's share of the
pari-mutuel wagering handle. Contributions shall be used only
for breeder awards.

     (k) The commission may authorize advance deposit pari-
mutuel wagering at any premise where a pari-mutuel event is
authorized, provided that the licensee shall:

          (i) Only accept an advance deposit pari-mutuel wager
made by the person owning the account;

          (ii) Ensure the identification of the account owner
by using methods and technologies approved by the commission;

          (iii) Provide a full accounting and verification of
the sources of wagers at the request of, and in the form
provided by, the commission;

          (iv) Allow the commission and agents of the
commission access to its premises to determine that the rules
and regulations are being followed;
          (v) Not allow minors to open, own or have access to
advance deposit pari-mutuel wagering accounts;

          (vi) Include a statement in all forms of advertising
for advance deposit pari-mutuel wagering accounts that "minors
are not allowed to open or have access to advance deposit pari-
mutuel wagering accounts."

     (m) The commission may license, regulate and charge a
source market fee to persons outside of Wyoming who conduct
pari-mutuel wagering on simulcast races and who accept wagers
from Wyoming residents at out-of-state simulcast facilities, and
shall require out-of-state simulcast facilities licensed under
this section to be maintained and operated in accordance with
the laws of this state and rules of the commission. Source
market fees imposed on persons licensed under this subsection
shall not exceed ten percent (10%) of the gross receipts of all
pari-mutuel wagering by Wyoming residents conducted by such
persons at out-of-state simulcast facilities. Source market
fees collected annually under this subsection shall be
distributed as follows:

          (i) Seventy-five percent (75%) to the live flat track
permittees in this state on a number of live days basis, to be
used to enhance purses at those tracks;

          (ii) Ten percent (10%) to in-state Wyoming simulcast
permittees, weighted by the annual simulcast handle other than
the advanced deposit wagering handle;

          (iii) Ten percent (10%) to the breeder award fund
created under subsection (j) of this section; and

          (iv) Five percent (5%) to the commission for
administrative expenses.