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HI HB2114
Bill
Status
1/22/2024
Primary Sponsor
Cedric Gates
Click for details
AI Summary
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Amends the definition of "gambling" in Hawaii Revised Statutes Section 712-1220 to exclude digital sports betting on state-licensed platforms during a pilot program period (through June 30, 2028).
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Establishes a pilot program administered by the Department of Business, Economic Development, and Tourism to license up to five businesses to operate digital sports betting platforms in Hawaii.
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Sets licensing fee at $30,000,000 per business for the duration of the pilot program, with licensees required to submit annual reports of sports betting earnings and payouts.
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Requires the Department of Business, Economic Development, and Tourism to submit a report to the legislature on the pilot program status, findings, and recommendations no later than twenty days before the 2025 regular legislative session.
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Provides that Parts I and II of the act (establishing the pilot program and temporary gambling definition amendment) expire on June 30, 2028, at which time Part III takes effect with a revised gambling definition that removes the digital sports betting exemption.
Legislative Description
Relating To Sports Betting.
Pilot Program
Last Action
Referred to ECD, CPC/JHA, FIN, referral sheet 2
1/24/2024