Minnesota Governor Pledges to Legalize Sports Betting in 2024 Session

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The Minnesota Sports Betting Act 2.0, proposed by Representative Jeremy Miller, aims to legalize sports betting in the state.

The bill would allow Native American tribes, racetracks, and sports teams to offer in-person wagering at their facilities.

A state commissioner would oversee sports betting in Minnesota and issue licenses to operators, platform providers, and suppliers.

License holders could also operate retail betting at horse racing tracks or professional sports stadiums in partnership with the track operator or sports team.

The bill includes a tax of 15% on sports betting net revenue, with revenue benefiting tribes, tracks, and professional sports teams.

Legislators expect a sports betting bill to pass in 2024, with Governor Walz indicating willingness to sign it pending agreement with state tribes and interested parties.

In Alabama, a plan to allow lottery, casinos, and sports betting has advanced in the House Economic Development and Tourism Committee.

The two-bill package includes an enabling bill outlining operation of gaming activities and a constitutional amendment for regulating, licensing, and taxing gaming.

Voter approval in November would be required for the constitutional amendment, which could generate up to $900m in revenue for the state.

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Henri Welsh is a seasoned writer with a deep passion for the world of gambling and online gaming. With over a decade of experience in the industry, Henri has cultivated an extensive knowledge of casinos, sports betting, poker, and the rapidly evolving landscape of online gambling. His writing is marked by a keen analytical eye and a talent for breaking down complex topics into engaging, accessible content. Henri's articles provide readers with insightful strategies, industry trends, and in-depth reviews, helping both novices and seasoned players make informed decisions.
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