Horse racing: out-of-state thoroughbred races.

Existing law authorizes a thoroughbred racing association or fair to distribute the audiovisual signal and accept wagers on the results of out-of-state thoroughbred races conducted in the United States during the calendar period the association or fair is conducting a race meeting, including days on which there is no live racing being conducted by the association or fair, without the consent of the organization that represents horsemen and horsewomen participating in the race meeting and without regard to the amount of purses. Under existing law, the total number of thoroughbred races imported by associations or fairs on a statewide basis under these provisions may not exceed 50 per day on days when live thoroughbred or fair racing is being conducted in the state, with the exception of prescribed races, including races imported that are part of the race card of the Kentucky Derby, the Kentucky Oaks, the Preakness Stakes, the Belmont Stakes, the Jockey Club Gold Cup, the Travers Stakes, the Arlington Million, the Breeders' Cup, the Dubai Cup, the Arkansas Derby, or the Haskell Invitational. This bill would also exempt from the 50 race per day limitation, races imported that are part of the race card of the Wood Memorial. Existing law authorizes advance deposit wagering to be conducted, with the approval of the California Horse Racing Board, in accordance with specified provisions of law. Existing law requires a certain percentage of wagers on out-of-state and out-of-country thoroughbred races conducted after 6 p.m., Pacific time, together with the total amount remaining from advance deposit wagering originating from California out-of-state and out-of-country harness and quarter horse races conducted at that time, to be distributed as commissions, as specified, based on the amount handled in state on each breed's own live races in the previous year by that association or its predecessor association. This bill would instead require the amount to be based on the amount handled in state on each association's live races in the previous year by that association or its predecessor association. The bill would make other nonsubstantive changes.