HB 1815 Summary

• Establishes the online sports wagering corporation as a public instrumentality within the Department of Business, Economic Development, and Tourism to regulate and conduct sports wagering over the internet in Hawaii.

• Creates a seven-member board of directors appointed by the governor (3 members), senate president (2 members), and house speaker (2 members) to oversee the corporation and select sports wagering providers through a competitive process.

• Imposes a 55 percent tax on all winnings paid to sports wagering participants, with revenues deposited into the sports wagering special fund to cover operating expenses and net proceeds transferred to the state general fund.

• Requires sports wagering providers to supply all technology infrastructure, software, responsible gaming controls, geo-location services limiting access to Hawaii residents, age-verification, and customer support services.

• Exempts the corporation's operations and assets from state taxation and makes online sports wagering conducted under this chapter exempt from Hawaii's gambling prohibitions.