Licensed SPMO acceptance of advance deposit wagers
Ind. Code § 4-31-7.5-10
in effectSec. 10. (a) A licensed SPMO may accept advance deposit wagers for races conducted within or outside Indiana. Advance deposit wagers made under this chapter are considered to have been made in Indiana.
(b) A licensed SPMO must have a single written contract signed by each permit holder. The contract must be approved by the commission. The contract must:
(1) specify the manner in which the amount of the source market fee is determined for each permit holder;
(2) govern all other aspects of the business relationship between the licensed SPMO and each permit holder; and
(3) contain a provision reserving all rights of horsemen's associations under the federal Interstate Horse Racing Act (15 U.S.C. 3001 et seq.).
As added by P.L.268-2017, SEC.12.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026