Alabama Sports Wagering Control Act; licensure of sports wagering activities provided for; student athlete compensation for name, image, and likeness provided for

This bill establishes Alabama's regulatory framework for sports wagering, creating the Alabama Gaming Commission to license online betting platforms and tax profits from sports betting activities. It directs tax revenue from sports wagering to fund name, image, and likeness (NIL) programs supporting high school student-athletes. The bill also creates an NIL Oversight Committee to regulate athlete compensation, sets rules for NIL agreements, and provides state income tax exemptions on NIL earnings for eligible student-athletes. These provisions aim to generate state revenue while establishing structured support and protections for high school athletes participating in NIL programs.