Oklahoma’s Sports Betting Legalization Efforts Fall Short,

Sports betting legalization failed to progress in Oklahoma this year as House Bill 1027 did not make it out of a Senate committee before the deadline. The bill, introduced by Representative Ken Luttrell for the second consecutive year, aimed to legalize sports betting in the state. Despite passing in the Oklahoma House after a 66-22 vote in February, the Senate failed to pass the bill before the allotted time. Luttrell intends to reintroduce a similar bill next year and feels that the Senate needs further conversations with the governor and tribes. If passed, the bill would allow tribes with state gaming compacts to operate both retail and online sports betting. Currently, Oklahoma is home to 35 tribes engaged in some form of gambling. The Oklahoma Horse Racing Commission would have oversight over the sports betting sector, which HB 1027 proposed to tax at a rate of 4% on gross gaming revenue up to $5 million, 5% on the next $5 million, and 6% on any higher sums.