Oklahoma Rep Taking Another Crack at Sports Betting

Nov 12, 2022; Morgantown, West Virginia, USA; Oklahoma Sooners quarterback Dillon Gabriel (8) throws a move in the course of the first quarter in opposition to the West Virginia Mountaineers at Mountaineer Field at Milan Puskar Stadium. Mandatory Credit: Ben Queen-USA TODAY Sports

• An Oklahoma House Bill has been pre-filed to permit gaming compacts to legalize on-line and retail sports activities betting
• Rep. Ken Luttrell (R-37) pre-filed the invoice
• Luttrell beforehand launched the same sports activities betting invoice for the 2022 legislative session

Oklahoma sports betting is getting one other shot in 2023.

Rep. Ken Luttrell (R-37) pre-filed a invoice for Oklahoma’s upcoming legislative session to permit state tribes to amend their gaming compacts to supply retail and/or on-line sports activities betting. Luttrell filed the same invoice within the 2022 legislative session, however the invoice by no means obtained a vote on the House flooring.

One ace up his sleeve that would make it a actuality this 12 months? Gov. Kevin Stitt (R) has mentioned he’s open to legalizing sports activities betting within the New Year.

New Fee System for Sports Betting

Luttrell’s invoice, HB 1027, may be very related to one he introduced in 2022, which additionally allowed state tribes to amend their gaming compacts to supply sports activities betting. Luttrell’s earlier payment included a flat 10% month-to-month payment of adjusted gross gaming income tribes had been required to pay to the state.

Luttrell’s present invoice features a month-to-month sliding scale that might require state tribes to pay the next payment because the month goes on relying on every of the tribe’s internet win.

Here is the payment scale he’s proposing:

• 4% of the primary $5 million of month-to-month internet win obtained by a tribe
• 5% of the subsequent $5 million of adjusted gross revenues obtained by a tribe
• 6% of all subsequent adjusted gross revenues obtained by a tribe

Here is the sliding scale payment system Oklahoma tribes must pay to the state if the invoice is authorised: pic.twitter.com/nBIZh0N3gC

— RLinnehanXL (@RLinnehanXl) January 3, 2023

The payment percentages would reset at the start of every month.

Luttrell’s invoice is scheduled to be launched on Feb. 6.

Gov. Stitt Open to Legalizing Sports Betting

Luttrell has a heavy hitter in his nook in favor of sports activities betting, as Gov. Stitt has publicly thrown his assist behind its potential.

According to Fox 23 News, Stitt he’s open to signing laws to legalize sports activities betting in Oklahoma if “we do it the right way and responsibly.”

“We’ve been behind the scenes looking into how we can do that in Oklahoma,” Stitt mentioned within the interview. “We already have casino gambling in Oklahoma. We just need to make sure we do it the right way and responsibly. We need to make sure we have audit capabilities, and we get a fair deal for Oklahoma. It’s something I’d love to see us work on.”

Stitt reiterated within the interview that if sports activities betting is “100% fair and transparent to Oklahomans,” then he can be open to signing the laws.

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