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Bill > SB524


AR SB524

AR SB524
To Make Operation Of An Illegal Online Casino Or Sports Betting A Felony; To Create The Interactive Gaming Act And To Include Name, Image, Or Likeness Drawing Games And Casino Gaming; And To Declare An Emergency.


summary

Introduced
03/19/2025
In Committee
03/19/2025
Crossed Over
Passed
Dead
05/05/2025

Introduced Session

95th General Assembly (2025 Regular)

Bill Summary

AN ACT TO MAKE THE OPERATION OF AN ILLEGAL ONLINE CASINO OR SPORTS BETTING A FELONY; TO AMEND THE LAW CONCERNING INTERACTIVE GAMING; TO CREATE THE INTERACTIVE GAMING ACT; TO EXPAND INTERACTIVE GAMING TO INCLUDE NAME, IMAGE, OR LIKENESS DRAWING GAMES AND CASINO GAMING; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES.

AI Summary

This bill aims to make operating an illegal online casino or sports betting a felony while creating the Interactive Gaming Act to regulate online gambling in Arkansas. The legislation expands the definition of keeping a gambling house to include online platforms that offer games using a dual-currency system, such as casino-style gaming, lottery games, and sports wagering. The bill introduces a comprehensive framework for interactive gaming, defining key terms like "interactive gaming" and "casino licensee" and establishing regulations for online gambling platforms. Specifically, casino licensees are limited to one branded interactive gaming system, must obtain Arkansas Racing Commission approval, and must meet strict technical and operational standards. The bill also introduces provisions for name, image, and likeness (NIL) drawing games that can benefit collegiate athletic programs, allowing student-athletes to potentially earn money through interactive gaming. Importantly, operating an interactive gaming system without a proper casino license would be classified as a Class D felony. The emergency clause emphasizes the bill's urgency in addressing unregulated online gambling and supporting economic development through regulated interactive gaming platforms. The legislation aims to protect consumers, generate potential revenue, and provide new opportunities for student-athletes while maintaining strict oversight of online gambling activities.

Committee Categories

Business and Industry

Sponsors (14)

Last Action

Sine Die adjournment (on 05/05/2025)

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