Senate Bill 2462 Summary

• Creates the "Mississippi Mobile Sports Pool and Race Book Wagering Act" to authorize online sports betting and race book wagering through digital platforms in Mississippi, effective July 1, 2022.

• Requires platforms operating online sports pools or race books to obtain a manufacturer's and distributor's license from the Mississippi Gaming Commission and maintain geofencing/geolocating services to restrict wagering to players physically located in Mississippi.

• Establishes age 21+ requirement for all players, mandatory account verification before wagering, and reporting obligations for platforms regarding criminal proceedings, abnormal betting patterns, match fixing, and suspicious activities.

• Imposes license fees on online sports pool and race book gross revenue at the same tiered rates as physical establishments (4-8% depending on monthly revenue tier).

• Amends the Fantasy Sports Act to remove the prohibition on collegiate sports contests, allowing fantasy contest operators to offer contests based on collegiate athletic performance.