Oklahoma lawmakers are currently considering several bills to expand sports betting in the state. The proposed measures range from tribal compacts to state-run programs. SB 125, known as the Tribal Sports Betting bill, would allow Oklahoma tribes with gambling compacts to offer both in-person and mobile sports betting, contingent on federal law. SB 164, the State-Run Sports Betting bill, authorizes the Oklahoma Lottery Commission to oversee sports betting, with hefty licensing fees and a focus on gambling addiction treatment. SB 585, dubbed the “Thunder Driven Bill,” would allow the Oklahoma City Thunder to receive a gaming license and take mobile bets on both tribal and non-tribal land. The Thunder and the Oklahoma Indian Gaming Association are set to negotiate this agreement soon.
Key takeaways from the proposed bills include the collaboration between tribes and the state, considerable financial implications with high licensing fees and taxes, and a focus on public impact, such as funding for gambling addiction treatment. The bills will need approval from both chambers before becoming law, with state lawmakers viewing them as negotiation tools in the process of legalizing sports gambling in Oklahoma. These bills are part of a broader effort to expand sports betting in the state and could have significant economic and social implications.
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