Maine § 1073. - Advance deposit wagering license

Full text of Maine Maine Revised Statutes § 1073. — Advance deposit wagering license, with citation guidance and answers to common questions.

§ 1073.. Advance deposit wagering license

The board shall exercise authority over the licensing of all persons conducting advance deposit wagering. A person may not conduct advance deposit wagering without a license issued under this section.   [PL 2023, c. 440, §11 (NEW).]

1.  Eligibility.  In order to receive an advance deposit wagering license from the board, an applicant must meet the requirements of this section and the rules adopted by the board under section 1003, subsection 2, paragraph U and must be:

A. A commercial track;   [PL 2023, c. 440, §11 (NEW).]

B. An off-track betting facility licensed under section 275‑D; or   [PL 2023, c. 440, §11 (NEW).]

C. An account wagering provider.   [PL 2023, c. 440, §11 (NEW).]

2.  Authority to conduct advance deposit wagering.  An advance deposit wagering license issued under this section allows a licensee to conduct advance deposit wagering in this State.

3.  Contract.  An advance deposit wagering licensee may conduct advance deposit wagering directly or through a contract with another advance deposit wagering licensee issued a license under this section.

4.  Conditions of licensure.  An advance deposit wagering licensee shall:

A. Purchase a bond to secure the advance deposit wagering accounts;   [PL 2023, c. 440, §11 (NEW).]

B. Ensure that a person who establishes an account to place a wager on horse racing by means of advance deposit wagering has attained 18 years of age and is a resident of this State; and   [PL 2023, c. 440, §11 (NEW).]

C. Accept wagers on all live races being conducted in this State that are available for simulcast.   [PL 2023, c. 440, §11 (NEW).]

5.  Application fee.  The nonrefundable application fee for an advance deposit wagering license is $1,000. In addition, the board may require an applicant to pay a one-time investigation fee in an amount limited to the cost to the board of processing the application and performing background investigations.

6.  License fee; renewal fee; term.  The fee for an advance deposit wagering license is $500. The fee for the annual renewal of an advance deposit wagering license is $250.

Source: official Maine text · Last verified 2026-08-27

Frequently Asked Questions About Maine § 1073.

What does Maine Revised Statutes § 1073. cover?

Section 1073. ("Advance deposit wagering license") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maine § 1073.?

A common citation format is "Maine Revised Statutes § 1073." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maine law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.

How does Maine § 1073. apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maine.