An Oklahoma lawmaker goes into the brand new 12 months with a purpose to make sports activities betting authorized throughout the state.
State Representative Ken Luttrell filed an identical invoice final 12 months, nevertheless it by no means made it to a vote on the capitol.
He stated the largest distinction with this new invoice is the amount of cash the tribes would pay the state, and the way in which that pay construction is ready up.
Rep. Luttrell stated Oklahoma tribes and the state are each lacking out thousands and thousands of {dollars} in income proper now.
“We’re seeing Oklahoma dollars go across state lines and being spent in other states,” he said.
Luttrell said last year, his bill was written with a flat 10 percent fee the tribes would pay to the state.
What he has introduced to the legislature this time around with House Bill 1027, involves a “sliding charge” system for sports betting.
If passed, and if a tribe decides to set up sports betting, the tribe would pay the state a four percent fee for the first $5 million dollars made in one month.
As the month goes on, the tribe would pay the state five percent of the next $5 million made.
The bill says the state would get a six percent cut of any additional money made. Luttrell said the system would start over again the next month.
“The extra they make, the extra the state would profit from it. And we actually wish to see our tribal companions prosper at this and be value their whereas,” Luttrell stated.
Thirty states plus D.C. have made sports activities betting authorized because the Supreme Court gave states the choice again in 2018.
Kansas is the newest state to leap on board, legalizing it earlier this 12 months in September.
“If gaming is going to expand in Oklahoma, it has to be done through the tribes as the operators,” Oklahoma Indian Gaming Association Chairman Matthew Morgan said.
He was not available for an interview Friday, but talked to News On 6 almost a year ago about the issue.
“If that is one thing that our prospects need and makes financial sense for each the tribes and the state, I believe it ought to behoove us to discover that dialog,” he stated.
In the previous, Governor Stitt has indicated he would help legalizing sports activities betting, if it’s a whole lot for each the state and the tribes.
publish credit score to Source link