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OK HB1047
Bill
Status
3/27/2025
Primary Sponsor
Ken Luttrell
Click for details
AI Summary
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Authorizes sports betting as an additional covered game under Oklahoma's State-Tribal Gaming Compact, defined as wagering on sporting events or other events excluding horse or animal races
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Requires tribes electing to offer sports betting to execute a Gaming Compact Supplement with the state, which must be approved by the U.S. Secretary of the Interior and published in the Federal Register
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Sets the tribal fee to the state at 10% of monthly adjusted transaction total from sports betting, calculated as gross transactions minus patron winnings, voided wagers, promotional credits, operating costs, and federal excise taxes
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Explicitly prohibits organization licensees (racetracks) from operating sports betting or any additional electronic/machine gaming under this act
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Effective date is November 1, 2025
Legislative Description
Amusements and sports; state-tribal gaming; exception; references; Gaming Compact Supplement; sports betting; term; fee related; content; procedures; construction; scope; codification; effective date.
Last Action
Notice served to reconsider vote on measure Coleman
4/22/2026