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SF 1590

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
  1.1                          A bill for an act 
  1.2             relating to horse racing; card clubs; defining terms; 
  1.3             modifying wagers; amending Minnesota Statutes 2000, 
  1.4             sections 240.01, subdivision 26, and by adding a 
  1.5             subdivision; and 240.30, subdivision 8. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 2000, section 240.01, 
  1.8   subdivision 26, is amended to read: 
  1.9      Subd. 26.  [UNBANKED.] "Unbanked" means a wagering system 
  1.10  or game where the individual participants compete against each 
  1.11  other and not against the sponsor or house.  In an unbanked 
  1.12  system or game, the sponsor or house may deduct a percentage 
  1.13  from the accumulated wagers and impose other charges for hosting 
  1.14  the activity but does not have an interest in the outcome of a 
  1.15  game.  The sponsor or house may add additional prizes, awards, 
  1.16  or money to any game for promotional purposes.  Unbanked games 
  1.17  do not include those games that involve a player pool.  
  1.18     Sec. 2.  Minnesota Statutes 2000, section 240.01, is 
  1.19  amended by adding a subdivision to read: 
  1.20     Subd. 27.  [PLAYER POOL.] "Player pool" means a wagering 
  1.21  system or game where wagers lost in a number of card games may 
  1.22  be accumulated into a pool for purposes of enhancing the total 
  1.23  amount paid back to players in any other card game.  In such 
  1.24  instances, the sponsor or house may only serve as custodian of 
  1.25  the player pool and may not have an active interest in any card 
  2.1   game. 
  2.2      Sec. 3.  Minnesota Statutes 2000, section 240.30, 
  2.3   subdivision 8, is amended to read: 
  2.4      Subd. 8.  [LIMITATIONS.] The commission may not approve any 
  2.5   plan of operation under subdivision 6 that exceeds any of the 
  2.6   following limitations: 
  2.7      (1) the maximum number of tables used for card playing at 
  2.8   the card club at any one time, other than tables used for 
  2.9   instruction, demonstrations, or tournament play, may not exceed 
  2.10  50; 
  2.11     (2) the opening wager by any player in any card game may 
  2.12  not exceed $15; and 
  2.13     (3) (2) except for games in which each player is allowed to 
  2.14  make only one wager or has limited opportunity to change that 
  2.15  wager, no single wager that increases the total amount staked in 
  2.16  any card game may exceed $30 $60.