OK Senate Pro Tem Greg Treat Approaching Sports Betting in “Methodical Manner”
Legal Sports Betting in OK Depends on Existing Compacts with State’s 39 Native Tribes
Lawmakers “Open to Exploring” Legal Sports Betting During Upcoming Session
The good news for Oklahoma gamblers is that Gov. Kevin Stitt has made it clear he wants to legalize sports betting there despite getting pushback from other state lawmakers like Senate Pro Tem Greg Treat, according to reporter Reese Gorman of McAlester News-Capital (MNC).
Sen. Teat is a key player in that state’s journey towards legal sports gambling since he has the power to decide what bills will get heard in the Senate, and according to MNC Teat has “zero desire” to support a bill to solely legalize sports betting this session, saying in a recent interview:
“Like everything, I want to approach it in a methodical manner, but my position has not changed: I’m not interested in moving [sports betting] by itself … I think it needs to be handled in a way that’s respectful of our tribal nations, it needs to be above board, and something that is a win-win for the state of Oklahoma and our 39 tribes.”
That makes good sense given that Oklahoma and its native tribes already have legal agreements in place that have meant millions of dollars annually for those 39 nations.
Currently, there are more than 110 tribal casinos across Oklahoma that offer visitors their choice of slot machines, poker, blackjack, and live entertainment, but unfortunately, sports betting is not something that tribes can legally provide due to the agreements they have made with the state.
Those compacts outline exactly what forms of gaming are allowable and the issue at stake is whether sports betting could be added to that list or if those agreements would have to be fully renegotiated, the latter of which is considered a deal breaker by tribes.
Gorman reports that for the 2022 fiscal year, the Oklahoma Tribes took in more than $3.1 billion in gaming revenue – that’s from electronic and table games – however the state only saw a $191 million cut of that in exclusivity fees, and that number could increase with a renegotiation.
That’s not something the tribes want to risk despite the money they could also be taking in with the addition of a legal sports betting market connected to their casinos, now a multi-billion U.S. industry that has become a cash cow in over thirty other states.
Oklahoma lawmakers have reportedly expressed interest in further debating this issue.
It will take some serious debate by Sooner State lawmakers and tribal leaders before any forward movement can happen towards legal sports betting there, those talks most likely about to happen in their regular session which began during the first week of February.
Legislators will convene until the first day of June which gives them a few months to further compromise and avoid the pitfalls that cause prior efforts to fail as they did in 2022 when state Rep. Ken Luttrell introduced HB 3008 which died in the House after emerging from the committee.
Numerous other states including Arizona and Colorado have found ways to work with their native tribes to offer sports betting for their residents, so that’s more good news for Oklahoma sports gamblers who until further notice must use unregulated means to place their action.
Louisiana Bill Would Bring Massive Tax Hike for Sports Betting Operators
2 days ago | Michael SavioNorth Carolina Sets Record With Massive October Sports Betting Handle
3 days ago | Michael SavioRegulator Nixes Sale of Controversial New Hampshire Casino
5 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