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Connecticut General Statutes Title 12. Taxation § 12-572b. Advance deposit wagers. Penalties.

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) For the purposes of this section, “advance deposit wager” means an off-track betting wager on racing events by means of telephone or other electronic means. Any advance deposit wager that originates or is placed from within the boundaries of the state shall be considered to be a wager made exclusively in the state.

(b)(1) No person or business organization, other than the authorized operator of the off-track betting system, shall conduct off-track betting in the state or accept off-track betting wagers or advance deposit wagers originating or placed from within the boundaries of the state.

(2) A violation of subdivision (1) of this subsection shall be an unfair trade practice pursuant to subsection (a) of section 42-110b and any person or business organization that violates the provisions of said subdivision shall be further subject to the penalty for professional gambling, as provided in subsection (b) of section 53-278b, and for transmission of gambling information, as provided in subsection (a) of section 53-278d.

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Cite this article: FindLaw.com - Connecticut General Statutes Title 12. Taxation § 12-572b. Advance deposit wagers. Penalties. - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-12-taxation/ct-gen-st-sect-12-572b/

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