RELATING TO SPORTS WAGERING.
What changed between versions
Created a new chapter establishing the Department of Law Enforcement as the regulatory body for sports wagering, replacing the previous Department of Business, Economic Development, and Tourism oversight.
Established licensing requirements for sports wagering operators ($250,000 fee) and suppliers ($10,000 fee), with only qualified gaming entities eligible to apply for operator licenses.
Created a Problem Gambling Prevention and Treatment Special Fund administered by the Department of Health, funded by 7% of sports wagering taxes for prevention programs and 7% for education initiatives.
Amended the general excise tax statute to impose a 10% tax on adjusted gross sports wagering receipts, replacing the previous tax structure for this activity.
Added specific definitions for sports wagering terms including 'amateur sports event', 'professional sports or athletic event', 'youth sports event', and 'qualified gaming entity' to clarify regulatory boundaries.
Amended the definition of 'gambling' and 'contest of chance' in the criminal code to explicitly exclude legal sports wagering and fantasy sports contests from gambling prohibitions.
Implemented mandatory criminal history background checks for all license applicants and persons with control over the business, with fingerprints required for the FBI's national criminal history background check system.
Created a voluntary exclusion program allowing individuals to self-exclude from sports wagering, with operators required to maintain confidential lists of excluded individuals and cease marketing efforts to them.
Required sports wagering operators to employ monitoring systems to detect suspicious activity, report violations to the department, and conspicuously display the 1-800-GAMBLER helpline in all advertising.
Established civil penalties up to $10,000 per violation for unauthorized sports wagering activities and criminal penalties ranging from misdemeanor to class B felony for unlicensed operations with repeat offenses.
Set a universal start date for sports wagering operations no later than 180 days after the Act's effective date, with a temporary license option available for three years or until final license determination.