- New Minnesota bill could bring regulated sports betting.
- The bill will allow for mobile sports betting state-wide.
- HP 778 has bipartisan supports to see it passed.
SAINT PAUL, Minn. – Some major progress is being made Minnesota’s legal sports betting industry, thanks to a new bill that is currently making its way through Minnesota’s House of Representatives.
Minnesota Sports Betting On The Ballot
On Wednesday, The Minnesota House Commerce, Finance, and Public Policy moved forward with bill HF 778 by way of a 14-4 vote.
This bill comes with a mobile legal sports betting aspect that would allow players to place wagers from anywhere in Minnesota.
“If this bill passes, Minnesotans will be able to visit sports betting lounges in casinos all across Minnesota, and they’ll also be able to wager on sports from their own mobile phones anywhere in the state,” said Zack Stephenson at a news conference.
Bill Details
If HF 778 passes, the state would receive 10% of the tribal Minnesota sports betting net profits made from online betting.
This is an estimated $20 million per year according to Stephenson, and 40% could be allocated to problem gambling programs, with another 40% going to youth sports, and the final 20% earmarked for consumer protection within the betting industry.
There is bipartisan support to bring sports betting to Minnesota, as both parties are working together to make it happen.
“I welcome the Democrats to the table, and we’ll work together to write legislation that can get this done,” said Roger Chamberlain in a statement. “However, the offer in its current form will not give the consumer a good product. We need to expand the options for consumers to have the best possible experience.”
The bill will now move to the House State Government, Finance, and Elections Committee.
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News tags: Finance And Elections Committee | House State Government | HP 778 | Minnesoata | Roger Chamberlain | Zack Stephenson
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