Minnesota State Senator Unveils Revised Sports Betting Bill
Minnesota (January 19, 2024) — According to local media reports Republican State Senator Jeremy Miller from Winona in Minnesota is making efforts to revive and address the issues that led to the stalling of sports betting legislation during the 2023 session. The revised sports betting bill Senator Miller has unveiled proposes a framework that involves collaboration with the state’s eleven tribal nations.
Key points from the bill include:
- Licensing for Tribal Nations: The bill suggests that tribal nations in Minnesota could obtain licenses for both retail and mobile sports betting.
- Partnerships with Facilities: Tribal nations could also enter partnerships with horse tracks or professional sports stadiums to offer sports betting at these venues.
- Revenue Sharing: Horse tracks would receive a portion of a 15% tax on sports betting revenue, providing an incentive for their involvement.
- Community Support: A portion of the tax proceeds would be directed towards local charities affected by changes in charitable gaming laws. Additionally, funds would be allocated to programs addressing problem gambling.
The previous legislative session faced challenges in determining control over sports gambling and how revenue would be distributed between Native American tribes and the state’s horse tracks. The revised proposal aims to find a balance that satisfies both parties.
Senator Miller expressed optimism that the new proposal would garner support from tribal nations and horse-racing tracks. The hope is that by addressing concerns and offering benefits to various stakeholders, the legislation can move forward successfully.
It’s important to note that the success of the revised bill will depend on the willingness of tribal nations, horse tracks, and other stakeholders to support the proposed framework. The issues surrounding sports betting in Minnesota highlight the complexities of navigating interests and finding common ground in legislative processes.
SOURCE: LI Staff.Tags: Minnesota, Senator Jeremy Miller, revised sports betting bill