Provide for the Regulation of Sports Wagering

Last updated: May 14, 2019

Details about this bill
Category: Miscellaneous
Status: Defeated
Sponsor: Senator Troy Jackson, Senate 35 - York County
Session: 129
Bill #: LD 1656

Position:

Monitoring.

Summary:

This bill authorizes sports wagering regulated by the Department of Public Safety, Gambling Control Unit. The bill requires a person or entity involved in sports wagering to hold a facility license, supplier license, management services license, mobile sports wagering license or occupational license. To be eligible to receive a facility license, a person or entity must also hold a license, or in the case of a beano operator, hold a license or be registered, as a commercial track, off-track betting facility, slot machine facility, casino or beano operator. A mobile sports wagering license authorizes the operation of sports wagering through a mobile application or digital platform approved by the Gambling Control Unit. For the privilege of holding a mobile sports wagering license or a facility license to operate sports wagering, the bill levies a tax of 10% of the licensee's adjusted gross sports wagering receipts from the operation of sports wagering. The bill allows a fantasy contest operator to offer a fantasy contest based on the performances of participants in collegiate athletic events.