Legal sports betting was all but dead in Minnesota’s 2024 legislative session, but a recent change has given proponents renewed hope.
Minnesota Rep. Zach Stephenson has taken the language from his sports betting bill HF2000 and put it into his HF5274 bill. The latter is a bill that would prohibit historical horse racing (HHR) games, which has been seen as a requirement to legalize sports betting.
Combining sports betting with a bill banning HHR games is an important step, but the move also circumvents another roadblock in the Senate Finance Committee. Committee chair John Marty has been a vocal opponent of sports betting, holding bills hostage while making massive changes to erode any support proposals have had.
While this move has given new hope to an effort thought to have already failed, time will be a significant constraint. We are entering the final week of the state’s 2024 legislative session, meaning things will need to move quickly and efficiently for HF5274 to be passed.
The updated sports betting bill would set up an extensive sports betting market if passed. A total of 11 operating licenses would be available for sportsbooks. Those licenses would be reserved for the following tribes:
Bois Forte Band of Chippewa
Fond du Lac Band of Lake Superior Chippewa
Grand Portage Band of Chippewa
Leech Lake Band of Ojibwe
Lower Sioux Indian Community
Mille Lacs Band of Ojibwe
Prairie Island Indian Community
Red Lake Nation
Shakopee Mdewakanton Sioux Community
Upper Sioux Community
White Earth Nation
The bill would require all bettors in the state to be at least 21. Bettors would not be able to wager on eSports, horse racing, or youth sports on sportsbooks. Horse betting would remain legal but would not be available from the state’s new sportsbooks.
If passed, all sports betting operators would be taxed at 20%.
New Ohio Bill Proposes Lowing Tax for Sports Betting Operators
11 hours ago | Michael SavioDC Attorney General Opens Investigation Into Failed GamebetDC
1 day ago | Michael SavioBill to Raise Tax for Louisiana Sports Betting Operators Paused
2 days ago | Michael Savio
We support responsible gambling. Gambling can be addictive, please play responsibly. If you need help, call
1-800-Gambler.
WSN.com is managed by Gentoo Media. Unless declared otherwise, all of the visible content on this site, such
as texts and images, including the brand name and logo, belongs to Innovation Labs Limited (a Gentoo Media
company) - Company Registration Number C44130, VAT ID: MT18874732, @GIG Beach Triq id-Dragunara, St.
Julians, STJ3148, Malta.
Advertising Disclosure: WSN.com contains links to partner websites. When a visitor to our website clicks on
one of these links and makes a purchase at a partner site, World Sports Network is paid a commission.
Copyright © 2024