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Bill > SB1569


HI SB1569

Relating To Sports Wagering.


summary

Introduced
01/23/2025
In Committee
02/12/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Allows for the regulation of sports wagering by the Department of Business, Economic Development, and Tourism. Establishes licensing requirements for sports wagering operators and sports wagering suppliers. Specifies that sports wagering shall not be considered games of chance or gambling. Establishes the Problem Gambling Prevention and Treatment Special Fund. Appropriates funds. Effective 7/1/2050. (SD1)

AI Summary

This bill introduces a comprehensive regulatory framework for sports wagering in Hawaii, establishing a system for licensing, oversight, and taxation of sports betting activities. The legislation creates a new chapter of law that allows the Department of Business, Economic Development, and Tourism to issue licenses to qualified gaming entities to operate sports wagering through mobile applications and digital platforms. The bill requires sports wagering operators to obtain a $250,000 license, implement robust monitoring systems to detect suspicious betting activity, and follow strict rules including age verification, geolocation tracking, and prevention of underage gambling. Sports wagering will be limited to individuals 21 and older who are physically located in Hawaii, and operators must display problem gambling helpline information in their advertising. The bill imposes a 10% tax on adjusted gross sports wagering receipts and establishes a Problem Gambling Prevention and Treatment Special Fund to support counseling and education programs. Importantly, the bill explicitly states that licensed sports wagering will not be considered gambling under existing state law, creating a legal pathway for sports betting in Hawaii while implementing consumer protections and responsible gaming measures. The legislation is set to take effect on July 1, 2050, providing a long-term framework for potential future sports betting operations in the state.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

The committee on WAM deferred the measure. (on 02/26/2025)

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