MN HF1842

Authorizes mobile sports betting in Minnesota through up to 11 licenses issued exclusively to federally recognized Indian Tribes, with a 22% tax on net revenue and minimum betting age of 21

Regulates fantasy contests with up to 11 operator licenses requiring partnerships with Indian Tribes, imposing a 15% tax on adjusted gross receipts and licensing fees based on operator revenue

Distributes sports betting and fantasy contest tax revenue across multiple accounts: 45% to charitable gambling tax relief, 15% to horse racing, 15% to tribal equalization, 10% to tourism/sports marketing, 10% to problem gambling programs, and 5% to amateur sports

Establishes consumer protections including mandatory self-exclusion options, default betting limits ($500/day, $3,000/month), 3-hour waiting period before using deposited funds, prohibition on credit card funding, and 24/7 problem gambling helpline

Creates criminal penalties for illegal sports betting ranging from misdemeanors for wagers under $500 to felonies for wagers over $5,000, and prohibits athletes, coaches, and those with nonpublic information from wagering on events they're connected to