SB 1569 Summary

• Establishes a regulatory framework for sports wagering in Hawaii through the Department of Business, Economic Development, and Tourism, authorizing mobile and digital platform-based wagering only.

• Requires sports wagering operators to be qualified gaming entities operating in at least three U.S. jurisdictions; minimum of four operator licenses will be issued with a $250,000 license fee and 10% tax on adjusted gross sports wagering receipts.

• Sports wagering suppliers providing geolocation and age verification services require a $10,000 license fee; both operator and supplier licenses valid for five years with temporary license options available.

• Establishes age requirement of 21+ years and physical location requirement within Hawaii for wagering; creates a voluntary exclusion program for individuals to self-exclude from sports wagering.

• Creates a Problem Gambling Prevention and Treatment Special Fund for counseling, treatment programs, and responsible gaming education, with appropriation amount to be determined; effective July 1, 2050.