44TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 1999
RELATING TO HORSE RACING; PROVIDING FOR THE BROADCAST OF SIMULCASTING OF RACES TO OTHER LICENSED LOCATIONS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. Section 60-1-25 NMSA 1978 (being Laws 1991, Chapter 195, Section 6) is amended to read:
"60-1-25. SIMULCASTING.--
A. As used in this section, "simulcasting" means a live audio-visual broadcast of an actual horse race at the time it is run.
B. The state racing commission may permit
simulcasting of races being run at licensed New Mexico
racetracks to racetracks or other locations holding a pari-mutuel or gaming license outside the state, as well as to
other licensed New Mexico racetracks, and of races being run
at racetracks outside New Mexico to licensed racetracks in
this state. Pari-mutuel wagering on simulcasted races shall
be prohibited except at licensed New Mexico racetracks on days
that such racetracks have race meets in progress or on days
that such racetracks do not have race meets in progress but
are simulcasting races from another licensed New Mexico
racetrack; provided, however, that pari-mutuel wagering on
simulcasted races shall only be allowed at any licensed New
Mexico racetrack within a radius of eighty miles of any other
licensed New Mexico racetrack with race meets in progress if
there is mutual agreement of the two licensees; and provided
further that no licensed New Mexico racetrack shall be allowed
to receive broadcasts of simulcast races unless that racetrack
offers at least seventeen days per year of pari-mutuel
wagering on on-track live horse races. The commission shall
promulgate rules [and regulations] concerning the simulcasting
of racing as provided in this section.
C. All simulcasting of races shall have prior approval of the state racing commission."