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MN HF4090
Bill
Status
2/22/2024
Primary Sponsor
Pat Garofalo
Click for details
AI Summary
HF 4090 - Minnesota Sports Betting Act 2.0
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Authorizes mobile and retail sports betting in Minnesota through licensed Indian Tribes; up to 11 sports betting operator licenses, up to 11 platform provider licenses, and unlimited supplier licenses available.
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Establishes regulatory framework under the commissioner requiring age verification (21+), responsible gambling measures, integrity monitoring, record retention, and advertising restrictions protecting minors and problem gamblers.
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Imposes 15% tax on sports betting net revenue, with distributions to: gambling treatment programs (4%), youth sports grants (4%), racetrack support (15%), Minnesota Sports and Events marketing (25%), and amateur sports integrity education (2%).
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Criminalizes unauthorized wagering by participants, employees, and officials; bets by under-21 individuals; and acceptance of prohibited wagers, with penalties ranging from misdemeanor to felony based on wager amounts.
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Commissioner designates mobile sports betting start date no later than November 15, 2024; prohibits local taxes or licensing fees on sports betting; and requires good faith negotiation of Tribal-state compacts for on-reservation betting.
Legislative Description
Sports betting authorized and provided, licenses established, local restrictions prohibited, sports betting taxation provided, civil and criminal penalties provided, amateur sports grants provided, and money appropriated.
Last Action
Author added Engen
2/26/2024