Advanced Deposit Wagering
The Montana Board of Horse Racing approves and licenses Advance Deposit Wagering Companies as authorized by the Montana legislature. Administrative rules governing the licensing and operation of the ADW’s may be found under the “Quick Links” menu option to the left under “Rules and Regulations”.
By state law, it is illegal for a company to take wagers from Montana residents before securing approval and the yearly license from the Montana Board of Horse Racing.
Listed below are the ONLY companies licensed by the State of Montana to offer Montana residents ADW.
The following ADW companies return a 'source market' fee back to Montana to help in funding the live race tracks in the state.