SB1504: Relating to greyhound racing; and prescribing an effective date.

Legislative Summary

Provides that Multi-Jurisdictional Simulcasting and Interactive Wagering Totalizator Hub licensee may establish account for wagering on greyhound racing for individual unless wagering on live greyhound racing is unlawful in jurisdiction of individual's principal residence. Prohibits accepting wagers or providing gambling services in connection with greyhound racing. Punishes by maximum of five years' imprisonment, $125,000 fine, or both.] Prohibits wagering on greyhound racing. Punishes by maximum of 364 days' imprisonment, $6,250 fine, or both.] Provides that Multi-Jurisdictional Simulcasting and Interactive Wagering Totalizator Hub licensee may establish account for wagering on greyhound racing for individual unless wagering on live greyhound racing is unlawful in jurisdiction of individual's principal residence. Directs Oregon Racing Commission to provide annual report to Legislative Assembly on greyhound race wagers made in Oregon. Provides that commission may not grant licenses for greyhound race meets after effective date of Act. Takes effect July 1, 2023] 2022.