Senate Finance Committee approves Chamberlain bill to legalize sports wagering in Minnesota

The Minnesota Senate’s Finance Committee today approved a groundbreaking bill by Senator Roger Chamberlain (R-Lino Lakes) to legalize sports wagering in Minnesota. 

“It’s long past time to legalize sports wagering in Minnesota,” Chamberlain said. “This version is good for tribes, it’s good for tracks, and most importantly, it is great for consumers. It gives Minnesotans gaming options at brick-and-mortar locations and online vendors. It respects the Tribal Nations and provides a revenue stream to the state. It’s time to get this done.” 

BILL DETAILS  

The proposal as outlined will allow for sports wagering at tribal casinos and both racetracks in the state, which would pay licensing fees for in-person gaming. Sub-licenses may be issued by Tribal Nations to vendors for online gaming operations. Revenue from online gaming would be taxed by the state. Revenues will go to the general fund with possible earmarks for the dollars to be determined. If signed into law this year, it could go into effect in the fall of 2023.  

With the move by Wisconsin to legalize sports wagering, Minnesota is now the only state in our region without a legal option. North of the border, Canada allows gaming as well. This means Minnesotans must cross our borders to bet on games or find illegal workarounds with online vendors. Legalizing betting in the state would mean Minnesotans can bet from their own backyard and know they are doing so in a safe manner.