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MS HB1042

Bill

Status

Failed

2/2/2021

Primary Sponsor

Jay McKnight

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Authorizes digital platforms for sports betting and race books, allowing licensed gaming operators to accept wagers over the internet via websites and mobile devices throughout Mississippi

  • Defines "sports pool" to include wagers on collegiate, amateur, professional, and e-sports events, as well as proposition bets, parlays, in-game wagering, and other bet types

  • Requires operators of digital platforms to be licensed as both manufacturers and distributors, with sports pool wagering accounts able to be established and funded electronically

  • Applies the existing 8% license fee on gross revenue exceeding $134,000 per month to operators conducting sports wagering through digital platforms

  • Removes the prohibition on fantasy contest operators offering contests based on collegiate sports events, while maintaining the ban on high school and youth sports contests

Legislative Description

Mobile sports wagering; authorize.

Last Action

Died In Committee

2/2/2021

Committee Referrals

Gaming1/18/2021

Full Bill Text

No bill text available