Gambling; sports betting and fantasy contests authorized, licenses established, local restrictions prohibited, sports betting and fantasy contest taxation provided, civil and criminal penalties provided, amateur sports grants provided, charitable gambling provided and lawful gambling tax rates modified, pari-mutuel horse racing provided, and money appropriated.

This bill legalizes and regulates sports betting and fantasy contests in Minnesota by establishing a licensing system for operators and setting specific tax rates on these activities. It prohibits local governments from banning or restricting sports betting within their jurisdictions and defines key terms to clarify what types of events, such as esports and college sports, are eligible for wagering. The legislation also introduces civil and criminal penalties for violations, creates a framework for charitable gambling, and includes provisions for amateur sports grants and pari-mutuel horse racing.