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HI HB344
Bill
Status
1/20/2023
Primary Sponsor
John Mizuno
Click for details
AI Summary
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Establishes a new regulatory framework for mobile sports wagering in Hawaii, authorized by the Department of Business, Economic Development, and Tourism, effective July 1, 2023.
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Requires sports wagering operators to be "qualified gaming entities" operating in at least three U.S. jurisdictions; allows temporary licenses for entities meeting basic qualification requirements while applications are processed.
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Imposes licensing requirements including criminal background checks for applicants and persons with control of the licensee, with denial or revocation possible for false statements, criminal history, or financial inadequacy.
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Establishes a tax on adjusted gross sports wagering receipts at a rate to be determined (blank in bill), with operators required to maintain monitoring systems, report suspicious activity, and adopt department-approved house rules.
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Prohibits physical sports wagering locations; restricts wagering to persons 18+ physically located in Hawaii using approved mobile applications; exempts licensed sports wagering from gambling statutes.
Legislative Description
Relating To Sports Wagering.
License
Last Action
The committee(s) on ECD recommend(s) that the measure be deferred.
2/8/2023