The Oklahoma Appropriations and Budget Select Agencies Subcommittee has passed two bills, HB 1047 and HB 1011, seeking to legalize sports betting. HB 1047, submitted by Representative Ken Luttrell, expands the state’s tribal gaming compact to allow sports betting. HB 1011 serves as an insurance policy, providing for a voter referendum if HB 1047 faces obstacles in the House or Senate.
The bills grant exclusivity to tribal operators, prohibiting private sportsbooks or commercial properties from offering sports betting. Tribes would have the option to opt in and sign a supplement to their existing gaming compact, with the Oklahoma Horse Racing Commission responsible for regulating non-tribal gaming.
If legalized, tribes would pay the state 10% of their monthly adjusted gross revenue from sports betting, with a portion allocated to gambling addiction treatment and education. The majority of tax revenue would go to the Education Reform Revolving Fund.
Governor Kevin Stitt’s opposition to tribal exclusivity could present a challenge to legalization. The Oklahoma Indian Gaming Association Chairman emphasized the need for new gaming offerings to benefit all parties involved.
If signed into law, sports betting would be allowed for tribal operators from November 1, 2025, as outlined in HB 1101. However, this bill would require a public vote to move forward with the proposals.
Wilna van Wyk, an online casino enthusiast with extensive experience in gambling affiliates, provided insights on the legislation and its implications for the online casino industry.
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