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HI HB2260
Bill
Status
1/24/2024
Primary Sponsor
May Mizuno
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AI Summary
HB 2260 Summary
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Authorizes one gaming facility in a county with population over 500,000 residents (Honolulu) to conduct poker and sportsbook betting, with a 10-year renewable license.
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Establishes Hawaii Gaming Control Commission with 7 members to regulate gaming operations, issue licenses, and enforce compliance.
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Imposes general excise tax on gaming gross income and requires licensee to pay 70% of gross profits to the State in year one, decreasing by 5% annually to 25% by year 10.
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Allocates gaming revenue to compulsive gambler assistance programs, public security, commission administration, and facility marketing; directs 2% of tax revenue to wildfire disaster relief fund.
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Restricts facility to standalone structure (not in hotel), maximum 30 poker tables, patrons must be 21+ years old, and prohibits in-person wagering with cash for first 3 years of operation.
Legislative Description
Relating To Gaming.
Gambling
Last Action
Referred to ECD, CPC/JHA, FIN, referral sheet 3
1/26/2024