(1) Wagers on pari-mutuel horse races conducted in or out of this state may be placed only upon the premises of a racetrack or an in-state simulcast facility licensed by the commission or the out-of-state racetrack or simulcast facility as authorized by the commission. No wagering or betting on the results of any of the races licensed under this article 32 shall be conducted outside a licensed or approved racetrack or simulcast facility.
(2) (a) No person or agent or employee of any person shall place, receive, offer, or agree to place or receive a wager on a pari-mutuel horse race, conducted in or broadcast in this state, by messenger, telephone, telegraph, facsimile machine, or other electronic device; except that this subsection (2) shall not apply to associations or simulcast facilities licensed by the commission. Nothing in this section shall be construed to prohibit gambling as provided in section 18-10-102 (2)(d).
(b) Any person who violates subsection (2)(a) of this section commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501.
Source: L. 2018: Entire article added with relocations, (HB 18-1024), ch. 26, p. 317, � 2, effective October 1. L. 2023: (1) and (2)(a) amended, (HB 23-1041), ch. 339, p. 2041, � 8, effective October 1, 2024.
Editor's note: This section is similar to former � 12-60-703.5 as it existed prior to 2018.
44-32-705. Horse breeders' and owners' awards and supplemental purse fund - awards - advisory committee - rules. (1) There is hereby created a fund, to be known as the horse breeders' and owners' awards and supplemental purse fund, referred to in this section as the fund, that shall consist of money deposited thereto by the licensee for the racing of horses and by an operator of an in-state simulcast facility that receives simulcast races of horses for the purposes of this section, to be held in a trust account, which money shall be paid out to owners and breeders of Colorado-bred horses as provided in this section and by rules of the commission. The rules shall provide for an administrative fee to be paid to the Colorado horse breeder associations for registering and maintaining breeding records for the administration of the fund. The fees shall not exceed ten percent of the total money generated by the unclaimed pari-mutuel tickets and the money provided by section 44-32-701 (2)(b).
(2) The money derived pursuant to section 44-32-701 (2)(b) shall be paid to a trust account for the fund on the fifteenth day of the calendar month immediately following the month in which the sum was received. In addition, the proceeds derived from all unclaimed pari-mutuel tickets for each horse race meet and for each simulcast race of horses received by an in-state simulcast facility shall be paid to a trust account for the fund after a period of one year following the end of the race meet.
(3) After money from the fund has been distributed to the respective breeder associations, further distribution shall be governed by the bylaws of the associations. Nothing in this section shall be construed to prohibit the distribution of money from the fund to owners and breeders of Colorado-bred horses that are otherwise eligible under the bylaws of the associations and that run in races outside Colorado.
(4) Notwithstanding section 24-30-204, the commission may establish by rule a period for distribution of money in the fund that is not consistent with the state's general fiscal-year period.
(5) Any money credited to the fund and not distributed within three years shall be paid, as authorized by the commission, either:
(a) As purses for races held at live race meets in Colorado; or
(b) As fees required for participation in an interstate compact to which Colorado is a party pursuant to section 44-32-202 (4).
Source: L. 2018: Entire article added with relocations, (HB 18-1024), ch. 26, p. 318, � 2, effective October 1.
Editor's note: This section is similar to former � 12-60-704 as it existed prior to 2018.