Allow an authorized gaming operator to conduct sports wagering by means of an online sports wagering platform under the Nebraska Racetrack Gaming Act and change the distribution of taxes collected from sports wagering

LB 421 would allow licensed Nebraska racetracks to offer online sports betting through approved platforms under existing gaming laws. It prohibits betting on in-state college sports events and bans athletes, coaches, referees, and others with insider access from wagering. The bill also changes how tax revenue from sports betting is distributed to state and local entities. This proposed legislation affects licensed racetrack operators and state tax allocations but remains pending in committee.