Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Statute 2 1208 03 — Nebraska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Nebraska/
  4. Chapter 2 - Agriculture2-10,102 - Collectors; Nursery Stock Distributor's License Required; Inspection/
  5. Article 12/
  6. Statute 2 1208 03
Nebraska Legal Code

Statute 2 1208 03

Ask AI about this
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.Source Laws 1986, LB 1041, § 1; Laws 2021, LB561, § 11. Annotations For purposes of determining a racetrack's eligibility to receive funds from the track distribution fund, the State Racing Commission must include the total dollar amount of all wagers placed at the track over the course of a calendar year, including amounts wagered on races which are simulcast to the track from another location. State Bd.

lude the total dollar amount of all wagers placed at the track over the course of a calendar year, including amounts wagered on races which are simulcast to the track from another location. State Bd. of Ag. v. State Racing Comm., 239 Neb. 762, 478 N.W.2d 270 (1992).