Sports betting testament be plunk for on the agendum on the firstly mean solar day of the 2024 North Star State legislative session. Gopher State State Senator Jeremy Arthur Miller (R-Winona) is redoubling efforts to legitimatise sports betting.
Miller has unveiled the Minnesota Sports Betting Act 2.0, which he says includes modifications of previous bills based on the feedback he received from legislators and constituents.
In 2023, province lawmakers inward St. Paul were unable to go multiple bills to gain sports betting. Such was the caseful inwards 2022 as fountainhead when lawmakers criticized the process, which killed the travail for that year.
Last year’s sports betting bills differed on the level off of scoop access to say licenses of procedure for the state’s Native American tribes. Native American tribes have the casinos inward the Second Earl of Guilford Star State.
This updated proposal combines ideas from my archetype MN Sports Betting Act along with provisions from other sports betting bills that were introduced endure session,” Glenn Miller said. “The end of this proposal is to get folks together to word toward a two-way resolution to decriminalize sports betting in Minnesota. i strongly trust we tin acquire it through this year.”
Miller will present Minnesota Sports Betting Act 2.0 on February 12.
What’s Included inward the Revised Bill
Miller says the MN Sports Betting Act 2.0 includes licensing opportunities for Minnesota’s 11 tribal nations to proffer retail and nomadic sports betting. License holders would hold the option to run retail betting on the premises of Equus caballus racing tracks or professional person sports stadiums inwards Minnesota.
Sports betting revenue would live taxed at a 15% rate. Tax proceeds, according to Miller, would cater large-hearted gaming tax sculptural relief to local charities, advance horse racing, and pull in major sporting events.
The revised bill includes some good-hearted gaming options eliminated inward the 2023 assess bill, including free plays and bonus games on electronic root for tabs.
In 2023, an amendment to include a portion of the sports gambling revenue to the state’s horse racing tracks was considered a sticking point for some Republicans.
Revised Bill Faces Early Opposition
Even before the matter comes before lawmakers, at that place are challenges. While Henry Valentine Miller calls the valuate 2.0 and says it is based on modifications and combined ideas based on previous efforts, it is not getting ahead of time commendation from Canterbury Park.
The sports betting proposition doesn’t devote racetracks the ability to sustain a license.
“We believe that both tracks and tribes should experience good sports betting licenses,” said Canterbury representative Jeff Maday. “The securities industry is mature enough for all of us to succeed. We just now require that opportunity.”
Miller said a greenback gift racetracks licensing opportunities doesn’t experience the votes needed to pass.
The Senate and House see inward steady session for a summate of 120 years in the two-year term. North Star State is the only if land in the region without a legal sports betting option.
Thirty-eight states positive Puerto Rico and Washington, DC make legalized sports betting.