Prohibits sports wagering on school property

This bill prohibits sports betting on public elementary or secondary school property and on school buses. It directly affects mobile sports wagering operators and bettors by establishing school grounds as restricted locations where bets cannot be placed. The law clarifies that a bet is considered placed where the betting company's server receives it, but this rule does not apply when the bet is made on school property. The measure takes effect immediately upon passage and amends existing racing and wagering laws to include this new restriction.