Attorney General No.

SA80RF0020

Secretary of State No.

256

Description

GAMING, PARI-MUTUEL AND EXTENDED PARI-MUTUEL WAGERING. INITIATIVE CONSTITUTIONAL AMENDMENT. Permits extended parimutuel wagering on horse races. Establishes state commission which shall issue up to 500 licenses, or more with two-thirds State Senate approval, throughout the state to conduct extended pari-mutuel wagering on horse races. Limits both pari-mutuel and extended pari-mutuel wagering to horse races. Permits the conduct of various games of chance involving cards, dice, lotteries or gambling devices within the geographical boundaries of the cities of Adelanto or Isleton. Commission required to issue as many permits as the cities of Adelanto or Isleton request. Financial impact on state and local governments: There would be indeterminate state costs for the regulation and supervision of pari-mutuel wagering and gaming and indeterminate local costs for the licensing of gaming. State costs would be reimbursed from indeterminate, but potentially substantial, receipts from the state's share of the amounts wagered and from licensing and permit fees. Local costs would be reimbursed from locally established license and tax fees. There would be no net state or local costs.

Proponents

Robert W. Wilson, 14248 Dickens Street, #124, Sherman Oaks, Ca 91403

Date

10-10-1980

Document Type

Initiative

Qualified

Failed to Qualify

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