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Bill > SF1124


MN SF1124

MN SF1124
Minnesota Sports Betting 3.0 act


summary

Introduced
02/06/2025
In Committee
02/06/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to gambling; authorizing and providing for sports betting and fantasy contests; establishing licenses; prohibiting local restrictions; providing for taxation of sports betting and fantasy contests; providing civil and criminal penalties; providing for amateur sports grants; providing for charitable gambling and modifying certain rates of tax on lawful gambling; providing for pari-mutuel horse racing; making clarifying, conforming, and technical changes; requiring reports; appropriating money; amending Minnesota Statutes 2024, sections 240.01, subdivision 1b; 245.98, subdivision 2; 260B.007, subdivision 16; 270B.07, by adding a subdivision; 297E.02, by adding a subdivision; 349.12, subdivision 25; 609.75, subdivisions 3, 4, 7, by adding a subdivision; 609.755; 609.76, subdivision 2; 609.761, subdivision 3; proposing coding for new law in Minnesota Statutes, chapters 116U; 240; 240A; 245; 299L; 609; proposing coding for new law as Minnesota Statutes, chapter 297J.

AI Summary

This bill establishes a comprehensive framework for mobile sports betting in Minnesota, primarily focused on creating a regulated system operated by Indian Tribes. The bill defines key terms, establishes licensing requirements for mobile sports betting operators, platform providers, and suppliers, and sets strict rules for conducting sports betting. Notably, the bill limits mobile sports betting operators to 11 licenses, all of which will be issued to Indian Tribes that currently conduct class III gaming in casinos. The legislation includes extensive provisions for responsible gambling, such as mandatory age verification, personal betting limits, and self-exclusion options. Operators must implement mechanisms to detect fraud and prevent unauthorized betting, and they are required to partner with integrity monitoring providers. The bill also imposes a 20% tax on sports betting net revenue, with revenue distributed to various state programs including tourism promotion, amateur sports, compulsive gambling treatment, and youth sports grants. Advertising restrictions are stringent, prohibiting targeting individuals under 21 and requiring problem gambling helpline information. The bill creates detailed criminal provisions around sports betting, including penalties for underage gambling, unauthorized wagers, and misuse of insider information. Additionally, the legislation mandates ongoing studies on gambling prevalence and impacts, and requires the governor to negotiate new Tribal-state compacts specifically for sports betting.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Author added Pratt (on 02/13/2025)

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