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If it happens, it would be the latest in a string of more than a dozen bills on the subject in recent years.
Minnesota Public Radio reported that Rep. Pat Garofalo has plans to introduce sports betting legislation:
“We want to have it safe, regulated, and fair,” he said. “Sports gambling is taking place in Minnesota, especially with the Internet. A lot of this money that’s being wagered is going overseas, where there are no consumer protections. It’s not being regulated.”
The comments came as the Minnesota State Department of Public Safety said it is stepping up enforcement against illegal sports gambling.
Stopping offshore sports betting sites is clearly a nearly impossible task for almost any state. However, the state could probably stop at least some bookmakers that physically operate in the state.
Such a bill would mostly likely take the form of sports betting regulation that would take effect should the climate at the federal level change.
Currently, New Jersey’s case to legalize sports wagering is in front of the US Supreme Court. A win could potentially set up a scenario where the federal ban on sports betting — PASPA — is struck down, and states could follow NJ’s lead in legalization.
Short of a victory in the NJ sports betting case, Congress would have to repeal or alter PASPA for states to be able to legalize sports gambling. Currently, only sportsbooks in Nevada can offer single-game wagering under PASPA.
Legal Sports Report has reached out to Garofalo for more details.
The American Gaming Association represents the casino industry in the US. It has featured sports betting as one of its signature issues.
As chatter in Minnesota ramped up, the AGA released research from Oxford Economics on the possible impact in the country and the state:
A legal, regulated sports betting market could bring as much as $531 million in economic output to Minnesota’s economy, support up to 3,093 jobs and generate up to $107 million in tax revenue, according to the AGA.
That seems like an overly optimistic view of the impact of sports betting for the state, at least in terms of direct revenue.
However, Minnesota’s tribes will certainly have to be included in any discussion of legalization. The 11 tribes there have already started to think about the future of sports betting.
It’s also not clear how sports betting would take place in the state outside of the tribal gaming structure, if at all.
More than a dozen states have introduced some sort of sports betting legislation this year.
Many of those efforts have not gained much traction, to date. But states are at least contemplating a world where they could legalize the industry.
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