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IN HB1325

IN HB1325
Wagering on sports. Authorizes sports wagering at riverboats, racinos, and satellite facilities after the Indiana gaming commission determines that current federal prohibitions on sports wagering are no longer applicable. Authorizes interactive sports wagering through the Internet. Provides for the licensing and regulation of interactive sports wagering platform providers that conduct sports wagering on behalf of a licensed owner, operating agent, or permit holder. Provides for the administratio


summary

Introduced
01/16/2018
In Committee
01/16/2018
Crossed Over
Passed
Dead
03/14/2018

Introduced Session

2018 Regular Session

Bill Summary

Wagering on sports. Authorizes sports wagering at riverboats, racinos, and satellite facilities after the Indiana gaming commission determines that current federal prohibitions on sports wagering are no longer applicable. Authorizes interactive sports wagering through the Internet. Provides for the licensing and regulation of interactive sports wagering platform providers that conduct sports wagering on behalf of a licensed owner, operating agent, or permit holder. Provides for the administration, conduct, and taxation of sports wagering. Imposes initial and annual fees on a licensed owner, operating agent, or permit holder conducting sports wagering.

AI Summary

This bill authorizes sports wagering at riverboats, racinos, and satellite facilities in Indiana after the Indiana Gaming Commission determines that current federal prohibitions on sports wagering are no longer applicable. It authorizes interactive sports wagering through the Internet and provides for the licensing and regulation of interactive sports wagering platform providers that conduct sports wagering on behalf of licensed owners, operating agents, or permit holders. The bill imposes a wagering tax of 9.25% on the adjusted gross receipts received from sports wagering and requires certificate holders to pay annual administrative fees to the Commission. It also contains provisions related to the conduct of sports wagering, consumer protections, integrity requirements, record-keeping, and information-sharing.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Representatives Forestal and GiaQuinta added as coauthors (on 01/16/2018)

bill text


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