Minnesota lawmakers approve a change to sports betting law that bans live betting

Hopes for regulated sports betting in Minnesota were dealt a blow this week after a Senate committee approved an amendment to ban live betting.

After going through several committees in 2023, SF1949 faced opposition in the Senate Commerce and Consumer Protection Committee.

Senator Jordan Rasmusson proposed a multi-pronged amendment to the bill aimed at introducing controls against potentially problem gambling. The most unconventional element is a complete ban on live betting.

The amendment – ​​which also included other responsible gambling-focused initiatives such as establishing a help hotline, funding studies on problem gambling and establishing a framework for user-initiated loss limits – was supported and approved by the bill’s sponsor, Senator Matt Klein a warning of caution from Sports Betting Alliance President Jeremy Kudon.

In his testimony to the committee, Kudon noted that live betting already represents a significant portion of the U.S. sports betting market and is expected to grow to up to 75% of total revenue by 2030.

The lack of in-play betting could deter potential operators and other key industry stakeholders.

Representative Pat Garofalo went a step further, suggesting that the ban would be a de facto death knell for Minnesota’s sports betting ambitions.

Garofalo wrote in a tweet: “The Minnesota Senate is moving to [the] The Sports Gambling Act to abolish in-game betting is unworkable.

“No state in the country has such a ban. If sports betting takes place this session, this poison pill must be removed.”

The framework outlined by SF1949 would make Minnesota’s 11 tribes license holders for both retail and online sports betting, with revenue taxed at 10%.

Another proposed amendment to ban betting in college sports was rejected by the committee. The bill now heads to the Senate Taxation Committee.

The current Minnesota legislative session ends May 20.

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