SF978 (Legislative Session 94 (2025-2026))
Sports betting provision and authorization
AI Generated Summary
This legislative bill outlines the regulation and licensing of sports betting in Minnesota. It covers the following main points:
Authorization of Sports Betting: The bill officially permits sports betting within the state, setting clear guidelines for how it is to be implemented and regulated.
Licensing: Specific licenses are created for mobile sports betting operators, platform providers, and betting suppliers. Indian Tribes operating casinos under federal regulations can receive licenses. Licenses have conditions, such as detailed financial and integrity reporting.
Taxation and Fees: It outlines the taxation structure for sports betting revenues and the fees associated with obtaining and renewing licenses.
Age and Location Restrictions: Participants must be at least 21 years old. Betting is restricted to within state lines, and certain geographical restrictions apply around educational institutions.
Type of Bets Allowed: The bill specifies what kind of bets can be placed, excluding certain types like those on injuries or penalties.
Protection Measures: There are strict measures to address and limit gambling disorders. These include allowing settings for spending limits and self-exclusion lists to encourage responsible gambling.
Regulation and Enforcement: The state regulator has the power to oversee sports betting, including issuing, revoking, or suspending licenses if operators violate laws or regulations.
Privacy and Data Protection: The bill mandates operators to protect the personal and wagering data of bettors, outlining how data should be handled and shared.
Advertising Restrictions: Advertising is tightly controlled, with prohibitions on targeting under-21s or promoting "risk-free" bets that still involve risk.
Integrity Monitoring: Operators must work with integrity monitoring providers to detect unusual betting activities and report suspicious activities.
Financial Responsibilities: Operators must ensure they have sufficient funds (or a bond/credit) to cover all winning bets and maintain financial reserves.
Legal and Liability Issues: Provides for legal action against operators if they fail to meet their obligations, particularly in regard to problem gambling and the duty of care.
The bill creates a comprehensive framework to govern sports betting in Minnesota with an emphasis on fairness, integrity, and protection of participants.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
February 02, 2025 | Senate | Floor | Action | Introduction and first reading | |
February 02, 2025 | Senate | Floor | Action | Referred to | State and Local Government |
February 05, 2025 | Senate | Floor | Action | Author added |
Citations
[ { "analysis": { "added": [ "A new definition specific to horse race wagers made through advance deposit wagering providers." ], "removed": [], "summary": "This bill provides clarification on the definition of 'Advance deposit wager' in section 240.01.", "modified": [ "Clarification that the wager concerns horse races conducted outside of Minnesota." ] }, "citation": "240.01" }, { "analysis": { "added": [ "Commitment to follow any applicable provisions of the Human Rights Act in licensing procedures." ], "removed": [], "summary": "The bill includes a provision ensuring adherence to the Minnesota Human Rights Act, chapter 363A.", "modified": [] }, "citation": "363A" }, { "analysis": { "added": [ "Clarifies maintaining privacy of individuals on the exclusion list." ], "removed": [], "summary": "This bill refers to the definition of private data on individuals as defined in section 13.02, subdivision 12.", "modified": [] }, "citation": "13.02" } ]