AK SB194

Authorizes mobile sports wagering in Alaska through licensed operators, with the Commissioner of Revenue responsible for administration and enforcement

Limits licenses to a maximum of 10 operators, requiring applicants to hold mobile sports wagering licenses in at least three other states and pay a $100,000 annual license fee

Imposes a 20% tax on adjusted gross revenue (total wagers minus winnings, voided bets, and federal excise taxes), with monthly reporting and payment requirements

Restricts wagering to persons 21 years of age or older physically located in Alaska, and prohibits licensees and their employees from placing wagers on their own platforms

Takes effect January 1, 2026, with operations permitted only after at least three licenses are issued and 14 days public notice is provided