HB 1295 Summary

• Authorizes licensed organizations to conduct sports betting on professional sports and athletic events where participants receive compensation exceeding actual expenses.

• Defines sports betting as predicting professional sport or athletic event outcomes by wagering on the result of a particular professional competition.

• Adds sports betting to the list of games eligible organizations may conduct under license, alongside bingo, raffles, poker, twenty-one, and other gaming activities.

• Restricts sports betting to hours when alcoholic beverages may be legally dispensed and prohibits participation by persons under age 21, consistent with restrictions on other games of chance.

• Requires licensed organizations to obtain site authorization from local governing bodies and annual licenses from the attorney general, with fees and regulations similar to other permitted gaming activities.