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MN SF1949
Bill
Status
2/20/2023
Primary Sponsor
Matt Klein
Click for details
AI Summary
SF1949 Summary
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Authorizes mobile sports betting in Minnesota through licensed Indian Tribes, allowing individuals 21+ to place wagers online on approved sporting events through regulated operators.
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Establishes licensing framework administered by the Commissioner of Public Safety: up to 11 mobile sports betting operator licenses (tribal entities only), up to 11 platform provider licenses, and sports betting supplier licenses.
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Imposes 20% tax on sports betting net revenue, with funds distributed to horse racing support (5%), tourism (15%), problem gambling treatment and awareness (10%), lawful gambling relief payments (20%), youth sports (5%), and general fund (45%).
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Creates comprehensive consumer protections including age verification (21+), account deposit/loss limits ($500/24 hours, $3,000/30 days default), self-exclusion options, prohibition on in-game betting, and mandatory integrity monitoring.
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Criminalizes unauthorized sports betting, including wagers by participants in events, individuals under 21, and unlicensed operators, with penalties ranging from misdemeanors to felonies depending on wager amounts and circumstances.
Legislative Description
Lawful sports betting establishment and appropriation
Last Action
Author added Frentz
3/25/2024