ST. PAUL, MN — Minnesota Sen. Jeremy Miller (R-Winona) announces new intentions to help advance legal sports betting in Minnesota after previous similar efforts failed to reach the finish line did.
Miller announced Wednesday the Minnesota Sports Betting Act 2.0, which he said includes amendments based on feedback received from voters, legislators and other stakeholders.
“Minnesota continues to miss out on a $100 billion industry. So far, 38 other states, plus Puerto Rico and Washington, D.C., have already legalized sports betting,” Miller said.
In 2023, several bills were introduced aimed at further legalizing sports betting in Minnesota, but the state's Native American tribes that own casinos would receive exclusive state operating licenses. There were differences in important aspects, such as the level of ability.
“This latest proposal combines ideas from my original Minnesota sports betting law with provisions from other sports betting bills introduced last Congress,” Miller said. “The purpose of this proposal is to bring people together around a bipartisan solution to legalize sports betting in Minnesota, and I strongly believe we can make it happen this year.”
Miller said the new bill includes:
- “Licensing opportunity for 11 Tribal Nations in Minnesota to offer retail and mobile sports betting. Licensee has the opportunity to offer retail and mobile sports betting on the premises of a racetrack or professional sports stadium in Minnesota under a partnership agreement with a racetrack operator. You will also have the option to operate retail wagering in the facility.'' or the sports team the facility is affiliated with.
- “The tax rate on sports betting income is 15%, which is roughly in line with the national average.
- “Tax revenue provides charitable gaming tax relief to local charities, attracts major sporting events to the state, boosts horse racing, provides problem gambling resources, and supports youth sports.” will support and promote athlete education programs.
- “Reinstates some of the controversial charitable gaming options that were eliminated in the 2023 tax law, such as free play on electronic pull tabs and bonus games.”
In last year's legislative session, Sen. Matt Klein introduced an amendment to a bill that would give the state's racetracks a cut of sports betting revenue because they were excluded from agreements governing sportsbook operations, calling it “the best bet.” It's a great effort.” ” to accommodate them. Their participation in the sports betting market was considered a sticking point by some Republicans.
Some opponents of legalization argue that poorer people are at greater risk of developing gambling addiction. According to the Minnesota Alliance on Problem Gambling, 250,000 Minnesotans have a gambling problem.