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Bill > SF3414


MN SF3414

MN SF3414
Sports betting and fantasy contests authorization provision, sports betting and fantasy contests taxation provision, licenses establishment, and appropriation


summary

Introduced
04/22/2025
In Committee
04/23/2025
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, focusing primarily on sports betting conducted by Indian Tribes through online platforms. The bill creates a detailed regulatory system that includes licensing requirements, operational guidelines, consumer protections, and taxation provisions. Specifically, the bill allows up to 11 Indian Tribes to obtain mobile sports betting operator licenses, with strict rules around age verification, responsible gambling measures, and advertising restrictions. Licensed operators must implement safeguards like personal betting limits, self-exclusion options, and mechanisms to prevent underage or problematic gambling. The bill imposes a 22% tax on online sports betting net revenue and establishes multiple accounts to distribute these funds, including allocations for problem gambling support, amateur sports grants, and tribal equalization. Additionally, the bill creates new criminal provisions related to sports betting, such as prohibiting wagers by athletes or those with insider information, and establishes reporting and study requirements to monitor the impacts of sports betting. The legislation aims to provide a structured, regulated approach to sports betting that prioritizes consumer protection, responsible gambling, and responsible economic development.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Motion did not prevail to withdraw from committee and re-refer to the committee on Commerce and Consumer Protection (on 04/23/2025)

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