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Minnesota House of Representatives Proceed Sports Betting Bill

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Minnesota House of Representatives Proceed Sports Betting Bill
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The Minnesota House of Representatives has passed the legislative bill to legalize physical and mobile sports betting in the state.


The bill with bill number HF778  authored by Democratic Representative in the person of Zack Stephenson of Coon Rapids willfully hand control of sports gambling in Minnesota over to the state Native American tribes. Although, at the present, the tribes run about 11 casinos that belong to the state.

The bill is set to see that the tribes retain all their profits from physical betting while all mobile sports betting will be taxed at 5% of the adjusted gross revenue AGR.

 

Despite the bill passing through the House with less difficulty, it may encounter opposition in the Senate when finally brought to a hearing. Take, for instance, the Republican Senate Majority Leader in the person of Jeremy Miller of Winona has previously objected that the bill doesn’t offer any real benefits to other bearing stakeholders apart from the tribal categories.

Rep Pat Garofalo who is a strong supporter of legalized sports betting in the state of Minnesota said that:

“Today’s vote is an important step forward in bringing legalized sports betting to Minnesota. however, it is clear that the current version of the bill does not have the support needed to pass in the senate. now is the time to bring stakeholders together to work on legislation that can pass with broad, bipartisan support in both legislative chambers. through compromise and working together, we can put a bill on the governor’s desk that satisfies the concerns of stakeholders and lawmakers.”

 

Reading from the bill, it is expected that the two master sports betting licenses that can only be held by groups/categories be made up of local tribes. Any holder of these masters licenses may partner with mobile sports betting operators to carry out their operations.

 

It is however noted that mobile operators must also be companies owned by Native American tribes. Northern License holders can also sign a partnership deals with as many tribes as they could, that’s including the seven tribes while the South license holder can also sign a partnership deals with four. Peradventure it’s approved, it means that there could also be as many as 11 separate sports betting apps live that will power the state betting operation

 

From this, we have seen that Native American Tribes will have complete authority and control over every retail and mobile sports betting company in operation across the state of Minnesota

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