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HI HR55

Resolution

Status

Passed

4/4/2024

Primary Sponsor

Daniel Holt

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Department of Business, Economic Development, and Tourism shall convene a Sports Wagering Working Group to analyze potential legalization and regulation of online sports wagering in Hawaii.

  • Working Group membership includes the Directors of DBEDT, Taxation, and Commerce and Consumer Affairs; Attorney General; President of Senate; Speaker of House; law enforcement representative; and two representatives from the Sports Betting Alliance.

  • Working Group shall estimate revenue potential of legal online sports wagering in Hawaii, develop appropriate regulatory structures based on other states' experiences, and identify consumer protections and responsible gaming measures.

  • Working Group shall submit report with findings, recommendations, and proposed legislation to the Legislature no later than 20 days before the 2025 Regular Session convenes.

  • Resolution notes that illegal sports betting in the U.S. exceeds $63 billion annually with no consumer protections or tax revenue, and that legal regulated markets can generate significant state revenue.

Legislative Description

Requesting The Department Of Business, Economic Development, And Tourism To Convene A Sports Wagering Working Group To Conduct An Analysis Of The Potential Legalization And Regulation Of Online Sports Wagering In Hawaii.

Working Group

Last Action

Resolution adopted in final form.

4/4/2024

Committee Referrals

Finance3/28/2024
Economic Development3/8/2024

Full Bill Text

No bill text available