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Current as of January 01, 2024 | Updated by Findlaw Staff
A. A racetrack licensee may conduct pari-mutuel wagering on live horse races or on simulcasted horse races.
B. Pari-mutuel wagering may be conducted only on the licensed premises where a live horse race is conducted or where a simulcast horse race is televised or projected on the racing grounds of the licensed premises of a racetrack licensee.
C. The sale to patrons present on the licensed premises of a racetrack licensee of pari-mutuel tickets or certificates is not gambling as defined in Section 30-19-2 or 30-19-3 NMSA 1978.
D. Placing a wager while on the licensed premises of a racetrack licensee is not placing a bet pursuant to Section 30-19-1 NMSA 1978.
E. The licensed premises of a horse racetrack is not a gambling place as defined in Section 30-19-1 NMSA 1978.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 60. Business Licenses § 60-1A-15. Pari-mutuel wagering authorized; gambling statutes do not apply - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-60-business-licenses/nm-st-sect-60-1a-15/
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