20:04:33:89Taxation requirements.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
Each hub licensee shall, at all times, comply with Internal Revenue Service (IRS) requirements for reporting and withholding proceeds from pari-mutuel bets by patrons. The hub licensee shall send to patrons subject to IRS reporting or withholding a Form W2-G summarizing the information for tax purposes following a winning wager being paid out to the patron. Upon receiving a written request from a patron, the hub licensee shall provide the patron with summarized tax information on pari-mutuel wagering activities by the patron.
Source: 53 SDR 35, effective September 30, 2026.