Bill > H6048

This bill modifies the state lottery division's sports wagering vendor contract process by mandating that, effective July 1, 2026, the division will stop renewing any existing sports wagering vendor contracts. Prior to the expiration of current contracts, the division must issue an open invitation for new sports wagering vendor applicants and subsequently award at least five individual vendor contracts. The bill specifically adds a new provision to the existing sports wagering regulation that requires this competitive contracting process, ensuring that no existing contracts will be automatically renewed after the specified date. The goal appears to be introducing more competition and opportunities for sports wagering vendors by requiring an open application process and mandating multiple vendor selections. The bill emphasizes that while the division must award at least five contracts, it is not obligated to select vendors who do not meet qualification standards, thus maintaining a level of quality control in the vendor selection process.

Budget and Finance

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