Minnesota Sports Betting 3.0 act

SF 1124, the "Minnesota Sports Betting 3.0 Act," legalizes and regulates state-licensed sports betting and fantasy contests for Minnesotans aged 21+. It authorizes mobile sports betting through licensed operators, prohibits local governments from banning betting venues, and establishes tax rates on wagering revenue. The bill defines key terms (like "athletic event" excluding horse racing and high school sports), requires operators to maintain mobile betting accounts, and mandates reporting to the state. It also includes provisions for amateur sports grants and modifies existing gambling tax structures.