Oklahoma Advances Sports Betting Bills Amid Debate
Oklahoma Advances Sports Betting Bills Amid Debate

Oklahoma Advances Sports Betting Bills Amid Debate

News summary

Oklahoma is advancing two bills, HB 1047 and HB 1101, to legalize sports betting, allowing tribes to operate under a 10% state fee and securing funding for gambling addiction treatment. Governor Kevin Stitt opposes the bills due to their tribal exclusivity, threatening a veto unless broader market access is permitted, while a companion bill would allow a statewide referendum if needed. Supporters argue the change could generate millions in state revenue and address the prevalence of out-of-state betting by Oklahomans. Critics cite concerns over gambling addiction and disputes involving tribal gaming rights. In related developments, Illinois has banned credit card funding for online sports bets to address problem gambling, and Nebraska has paused a ballot measure on online sports wagering due to social cost concerns. These actions reflect a broader national trend of states weighing economic benefits against the social impacts of expanding sports betting.

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