Neb. Rev. Stat. § 2-1208.03

Current with changes from the 2024 legislative session enacted on or before 4/18/2024

Section 2-1208.03 - Exotic wagering; terms, defined

For purposes of sections 2-1208.03 and 2-1208.04, unless the context otherwise requires:

(1) Exotic wagers shall mean daily double, exacta, quinella, trifecta, pick six, and other similar types of bets which are approved by the commission;

(2) Gross exotic daily receipts shall mean the total sum of all money wagered, on a daily basis, by means of exotic wagers at race meets;

(3) Race meet shall mean any exhibition of racing of horses at which the parimutuel or certificate method of wagering is used;

(4) Racetrack shall mean any racetrack licensed by the commission to conduct race meets; and

(5) Recipient track shall mean a racetrack with a total annual parimutuel handle, based on the previous racing year, of twelve million dollars or less.

Neb. Rev. Stat. § 2-1208.03

Laws 1986, LB 1041, § 1; Laws 2021, LB 561,§ 11.

Amended by Laws 2021, LB 561,§ 11, eff. 5/25/2021.