Oklahoma’s latest attempt to legalize sports betting has failed following the passing of a Senate committee deadline.
Lawmakers must wait another year before reintroducing sports betting legislation
House Bill 1027 was passed by the House of Representatives by a vote of 66-22 and then went to a Senate committee. It then stalled after Senators said that they wanted the governor to have more talks with the state’s tribes. However, a deadline for the bill to pass through the committee has now passed and the state’s lawmakers will have to wait another year before they can reintroduce sports betting legislation.
The bill, introduced by Rep. Ken Luttrell would have allowed retail and mobile sports betting in Oklahoma through the state’s tribes. This would have required new gaming compacts to be agreed between the governor and the state which proved to be a sticking point for the committee. The bill also proposed that the Oklahoma Horse Racing Commission oversee sports betting.
Tribal operators would have been obliged to pay 4% of gross gaming revenue (GGR) on the first $5 million of annual revenue and 5% on the next $5 million. Anything above $10 million would have been taxed at 6%.
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.