Bill > SF1949

This bill authorizes and provides for mobile sports betting in Minnesota. The key provisions are: This bill authorizes and provides for sports betting in Minnesota. It establishes licenses for mobile sports betting operators, mobile sports betting platform providers, and sports betting suppliers. It gives the commissioner of public safety the power to regulate sports betting, including adopting rules on things like preventing problem gambling, accepting wagers, and monitoring integrity. The bill prohibits local restrictions or taxes on sports betting and establishes penalties for crimes related to sports betting like underage wagering and unauthorized wagers. It also appropriates funds for the Department of Public Safety and Department of Revenue to establish and regulate sports betting, as well as funding for studies on the prevalence of gambling and the impact of sports betting. The taxation provisions impose a 20% tax on sports betting net revenue, with the revenue distributed to various state programs and initiatives.

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https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1949&ssn=0&y=2023