Alabama Sports Gambling Bill

• Alabama Sports Gambling Bill 2019
• Alabama Sports Betting Bill
• Sports Gambling Sites
• Alabama Sports Gambling Bill In Kentucky

1. AL HB 315 is a new sports betting bill that has appeared in Alabama. This is the very first sports betting bill for the state. Multiple attempts to legalize any form of gambling has failed in Alabama. MONTGOMERY, Ala. – A brand new sports betting bill has appeared for the first time in Alabama on Tuesday.
2. Alabama is home to two college football powerhouses, Alabama and Auburn, that many state residents would bet on if sports wagering were legal. Fans cheered for the Crimson Tide of Alabama at a.
3. Apr 04, 2019 egislators have introduced Bill 315 in the Alabama House, which would enable seven locations in the state to host legalized sports betting. The proposed law brought forward by representatives Mike Rogers and Mary Moore permits professional and collegiate sports gambling to occur inside the state.
4. On Monday, lawmakers unveiled a piece of legislation that would legalize sports betting in the state of Alabama. The bill, titled HB 135, was introduced by representatives Mike Rogers and Mary Moore and if successful will allow betting on professional and collegiate sporting events. The proposed legislation would also create the Alabama Sports Wagering Commission to.

Alabama Sports Betting At the start of the 2019 legislative session, Alabama Rep. John Rogers (D) introduced HB 315, known as the Alabama Sports Wagering Act. The bill would allow wagering on 'certain professional or collegiate sports or athletic events' and wagers on 'any mobile application or other digital platform used to place wagers.'

The Alabama House legislature was introduced to three sportsbetting bills, and the Senate has one of its own.

John Rogers Jr, a Democratic House Representative has sponsored three separate House Bills related to sports wagering. House Bills 315, 358, and 412 were all introduced in early April of 2019 to Alabama’s regular session. Each House Bill is currently in Committee and has not been revised from their original text yet.

HB 315 relates to domestic wagering legalization and would allow certain professional and collegiate events to be wagered on. This bill, if passed, would create the Alabama Sports Wagering Commission and provide the newly established Commission with regulatory authority. This Commission would also be responsible for licensing, authorizing fees, establishing rules, protocols, and prohibitions, and levy a tax on adjusted gross sports wagering receipts at 10%.

This bill has the most detail and actionable plan, but therehas been little movement after its first reading.

HB 358 and HB 412 are both House Bills which would add tothe Code of Alabama 1975, Section 13A-12-25.1. This addition would authorize adoptinglocal legislation to allow wagering on various professional, collegiate, andamateur contests. Of course, these bills wouldbecome law only after receiving passage from both Statehouses and approval fromthe Governor.

All of Rep. Rogers HouseBills were read and referred to the House of Representatives committeeon Economic Development and Tourism.

Senate Bill 130 was introduced by Republican Senator Jim McClendon on March 19^th, 2019. However, this bill relates to amending the state Constitution. While most of the language in SB 130 relates to amending Section 65 of Alabama’s Constitution to establish a state lottery, there is some mention of sports wagering and tax levies imposed by the Lottery.

Therefore, SB 130 may signal the state’s interest in killingtwo birds with one stone, establishing a lottery and allowing the state’s newlottery to operate domestic wagering, or at least the potential for the lotteryto do so.

SB 130 would establish a Lottery Trust Fund and work withthe state to allocate lottery proceeds under what would be called the AlabamaLottery Corporation. Of course, the bill also would create the Alabama LotteryCommission to regulate the Alabama Lottery Corporation. The bill would alsoallow video lottery terminals.

The bill was read by the Senate and referred to the SenateCommittee on Tourism on the date of its introduction. A Senate Public Hearing wasscheduled on April 4^th, 2019, at 8:30 am. There has been no furtheraction taken for this bill as of the end of May.

Kentucky’s public employee pension system, $39 billion in the red, is among the worst-funded retirement plans in the country and has vexed lawmakers for years as they sought a solution.

Now some lawmakers think they’ve found at least a partial fix: sports gambling.

Several bills introduced this year would legalize it in the state, a step made possible by a U.S. Supreme Court decision last May that ended Nevada’s monopoly. A portion of the money the state would take in would go toward plugging the gap in the underfunded pension system.

It won’t solve it, but each little bit helps, said state Rep. Adam Koenig, a Republican whose sports gambling bill passed a key committee earlier this week.

“I think there’s a lot of folks, particularly Democrats, who campaigned on finding revenue,” he said.

Alabama Sports Gambling Bill 2019

Kentucky is one of at least 22 states where lawmakers this year are considering legislation to legalize sports gambling. Seven states joined Nevada and legalized it last year after the Supreme Court’s decision.

Lawmakers say they are eager to ensure their state can regulate a practice that has long operated in the shadows and to get a slice of the action, even if the expected tax revenue is relatively modest.

An Associated Press review of all sports gambling bills introduced this year — more than 100 so far — found high interest among lawmakers, but also many questions about how legalized sports betting would be handled. Casino companies, sports leagues, fantasy sports companies and others are lobbying lawmakers in the hopes of getting the legislation tailored to their liking.

Among the details being debated: How will sports gambling be regulated and taxed? Where will sports gamblers be allowed to place their bets? Should betting be allowed on a state’s college teams? And how should the state spend its share of the tax money?

Tapping another source of state revenue has been a key motivator for many lawmakers and governors who are supporting legalization. On Wednesday, Illinois Gov. J.B. Pritzker, a Democrat, proposed a budget that relies on legalizing sports betting and marijuana to help pay down tens of billions of dollars in pension debt. Connecticut Democratic Gov. Ned Lamont and New Hampshire GOP Gov. Chris Sununu, made similar calls for sports betting legalization in their recent budget addresses.

That optimism will likely be tempered by reality: Sportsbooks have profit margins around 5 percent, and the state’s cut is usually a sliver of that. In states that have projections on how much legalized sports betting would bring in, even the most optimistic numbers amount to a fraction of 1 percent of their state budgets.

An analysis of the Kentucky bill found that taxes on sports betting — set at 10.25 to 14.25 percent of the sportsbooks’ winnings — could bring the state $20 million annually in revenue. The estimate climbs to $48 million if neighboring states don’t follow suit, which isn’t likely. West Virginia legalized sports betting last year, and it’s being considered in every other state that borders Kentucky.

The modest revenue projections— less than 1 percent of the state’s overall budget — and caution over legalizing another form of gambling have raised concern among some lawmakers and interest groups, who say the bill’s passage is not assured.

State Rep. Chris Fugate, a Republican who represents an eastern Kentucky district, is one of several lawmakers who question whether legalizing sports betting is worth it because of the potential social cost.

“We are known for being in the top 10 of opioid addiction,” he said. “And now the state, or some people in the state, wants to put more vice out there to make our kids not be provided for even more.”

Kent Ostrander, executive director of The Family Foundation, a socially conservative Kentucky group, has been pushing against legalization.

Alabama Sports Betting Bill

“I think there is a moral component to it, but our argument is economic,” he said. “The state should cause families to thrive, not prey on them for revenue and give licenses to others, to an elite group of others, to prey on.”

Other lawmakers, in Kentucky and elsewhere, say betting on sports was already happening under the radar well before the Supreme Court opened the door to legalization in the states. Why not tax it, regulate it and reap some of the money for education, infrastructure, pensions or even to treat addiction?

“It’s already occurring in North Dakota,” state Rep. Michael Howe said Wednesday as the House passed a sports betting legalization bill. “Let’s keep that money in North Dakota for charities, addiction services and tax revenue.”

Whether to allow betting on college sports is among the provisions lawmakers in several states are considering.

All the states that have so far legalized sports betting allow it, although some have restrictions. Delaware and New Jersey, for example, prohibit betting on games that involve in-state colleges.

The fear of college athletes cheating is rooted in a history of scandals dating to the 1950s, including point-shaving cases in the 1980s and early 1990s.

A Massachusetts bill that has the support of the governor would ban betting on college sports, mirroring a current state law on fantasy sports.

Sports Gambling Sites

In New Hampshire, state Rep. Timothy Lang, a Republican sponsoring a bill to legalize sports betting, included a provision barring bets on games involving in-state colleges. He said he went to a University of New Hampshire basketball game recently and easily met players for the Wildcats, raising concerns about potential influence from sports gamblers.

“It’s not like going to Duke or any of these big colleges,” he said. “In New Hampshire, you have pretty good access to these players.”

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Associated Press writer Adam Beam in Frankfort, Kentucky, contributed to this report.

Alabama Sports Gambling Bill In Kentucky

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