Bill > SB1572

This bill establishes a comprehensive legal framework for sports wagering in Hawaii, creating the Hawaii State Sports Wagering Commission within the Department of Business, Economic Development, and Tourism. The bill aims to legalize and regulate sports betting through both online platforms and in-person locations, addressing the current issue of residents participating in illegal offshore gambling. Key provisions include establishing a licensing system for sports wagering operators and suppliers, implementing a 15% tax on adjusted sports wagering receipts, and mandating that tax revenues be allocated specifically to public education (50%), affordable housing (25%), responsible gambling programs (15%), and administrative costs (10%). The bill requires operators to implement robust consumer protections, including age verification, geolocation tracking, and a responsible gambling program with a 24-hour support hotline. Operators must be qualified gaming entities with experience in at least three other U.S. jurisdictions and will be subject to strict background checks and regulatory oversight. The legislation explicitly exempts sports wagering from existing gambling prohibitions and establishes penalties for violations, including fines up to $500,000 and potential imprisonment. The sports wagering system is set to become operational on July 1, 2025, with the commission adopting rules within six months and operators beginning services no sooner than twelve months after the effective date.

Business and Industry

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1572&year=2026