HF 2424 Summary

• Authorizes mobile sports betting in Minnesota through licensed operators, with up to 11 licenses issued to Indian Tribes, up to 2 racetrack licenses, and licenses for professional teams and major sporting events.

• Establishes regulatory framework under a commissioner with power to adopt rules covering licensing requirements, consumer protections, integrity monitoring, responsible gambling measures, and advertising standards prohibiting targeting of minors.

• Imposes 10% tax on sports betting net revenue effective after June 30, 2024, with revenue distributed to mental health/gambling treatment (25%), lawful gambling organizations (25%), sports marketing (25%), and youth sports grants (25%).

• Prohibits local government restrictions on sports betting and establishes criminal penalties including misdemeanors for unauthorized betting, wagering by persons under 21, and selling of private bettor data.

• Requires governor to negotiate new Tribal-state compacts for Class III sports betting on Indian Lands and mandates annual reporting to legislature on licensing, market activity, and enforcement actions.