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LB 766

Change and eliminate provisions relating to licensed racetrack enclosures, licenses and wagering on horseracing, assistance to problem gamblers, the Nebraska Commission on Problem Gambling, the Charitable Gaming Division of the Department of Revenue, keno at licensed racetrack enclosures, and the Compulsive Gamblers Assistance Fund

109th Legislature (2025-2026) Introduced by Rick Holdcroft

Bill would eliminate Nebraska's racetrack gambling regulations, problem gambling commission, and addiction assistance funding, removing oversight of horse racing wagering operations.

Holdcroft MO349 prevailed
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Bill Summary · LB 766

Legislative bill overview

LB 766 proposed eliminating Nebraska's licensed racetrack enclosure regulations, horserace wagering oversight, keno gaming at racetracks, and the state's Commission on Problem Gambling and associated assistance fund. The bill would have substantially dismantled the regulatory framework governing horse racing gambling in the state.

Why is this important

Horse racing generates significant revenue and employment in Nebraska, and the regulatory structures being targeted fund problem gambling assistance programs. Eliminating these provisions would remove consumer protections, funding for gambling addiction treatment, and oversight mechanisms that currently govern a substantial gambling sector.

Potential points of contention

  • Funding elimination: Removing the Compulsive Gamblers Assistance Fund would defund treatment and support services for problem gambling, shifting costs to other state programs or local resources
  • Regulatory vacuum: Eliminating licensing requirements and oversight could create unregulated gambling operations without consumer protections or age/identity verification standards
  • Economic impact: Changes could affect horse racing industry employment, venue operations, and associated economic activity in rural Nebraska communities that depend on racing revenue

Compiled from official sources — confirm details with the bill’s official record.

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