Governor Kevin Stitt of Oklahoma has taken a firm stance against providing exclusive sports betting control to tribes in the state. Stitt expressed his desire for an open sports betting market during a recent press conference. He outlined a plan that involves holding a public bidding process for available online sports betting licenses to maximize revenue for the state. However, he emphasized that tribal casinos would have exclusive control over retail sports betting, taxed at a 15% rate. Stitt argued that giving tribes a monopoly over all sports betting activities would not be transparent or fair to taxpayers.
Several sports betting bills have been introduced in the Senate, with two out of three granting exclusive control to tribes. Stitt has made it clear that he will veto any bills that grant tribes a monopoly. One bill introduced by Senator Casey Murdock authorizes the Oklahoma Lottery Commission to regulate sports betting and allows tribes and certain non-tribal entities to acquire licenses. Another bill by Senator Dave Rader would allow Oklahoma tribes to offer retail and online sports betting under amended gaming compacts. The only bill to allow an outside license holder was introduced by Senator Bill Coleman, which also sets the state tax rate at 10% of net sportsbook revenues. These bills are being considered in the Senate, prompting continued debate about the future of sports betting in Oklahoma.
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