Bill > SB555

This bill comprehensively updates Montana's gambling laws with several key provisions. It expands the definition of "internet gambling" to explicitly include online casinos, while providing a narrow exception for online platforms that do not use any form of currency. The bill adds cryptocurrency to the definition of internet gambling and clarifies that online casinos operating within the state's borders, whether through local or offshore sources, are subject to strict regulation. The legislation also changes how gambling-related fines are handled, redirecting them to the Department of Justice's operating budget instead of the general state fund. Additionally, the bill modifies criminal penalties for gambling law violations, introducing more stringent consequences including potential felony charges for operating illegal internet gambling sites. Specifically, violators could face fines up to $50,000, imprisonment for up to 10 years, and automatic revocation of all gambling-related licenses. The bill aims to modernize gambling regulations to address emerging digital gambling platforms while establishing clearer legal boundaries and more robust enforcement mechanisms.

Business and Industry

https://bills.legmt.gov/#/laws/bill/2/LC2686