HB315 Summary

• Creates the Alabama Sports Wagering Commission composed of seven members appointed by various state officials to regulate and supervise sports wagering operations at licensed gaming facilities.

• Authorizes the commission to issue four types of licenses: operator, supplier, management services provider, and occupational licenses, with specific fees and requirements for each category.

• Levies a 10 percent tax on adjusted gross sports wagering receipts, collected weekly, with revenues deposited into the Sports Wagering Fund to provide scholarships for Alabama students attending public institutions of higher education.

• Permits up to seven operator licenses for pari-mutuel facilities upon application and $100,000 fee payment, authorizing wagering on professional, collegiate, and amateur sports events through in-person and digital platforms for persons 21 years or older.

• Amends Section 13A-12-31 of the Code of Alabama 1975 to exempt wagering on professional, collegiate, and amateur sports contests from criminal gambling statutes, while establishing criminal penalties for unauthorized sports wagering operations and fraudulent conduct.