An Act regulating horse racing, simulcasting and wagering

This bill establishes a new chapter in the Massachusetts General Laws to regulate horse racing, simulcasting, and wagering under the authority of the state gaming commission. It creates specific definitions for industry terms like pari-mutuel wagering and exotic bets while repealing previous chapters related to horse racing to consolidate oversight. The legislation aims to preserve the horse racing industry by ensuring efficient operations and maintaining the integrity of the wagering process.