The proposed bill authorizes mobile sports wagering in Alaska and establishes a regulatory framework for its operation by amending existing laws to include provisions related to mobile sports wagering, specifically referencing AS 05.18 alongside AS 05.15 in the context of gambling violations. It outlines a licensing process for mobile sports wagering operators, which requires an application, a substantial license fee of $100,000, and criminal history record checks. The commissioner of revenue will oversee the administration of this chapter, ensuring compliance and collecting a 20% tax on the adjusted gross revenue from mobile sports wagering.
Additionally, the bill introduces new definitions, such as "sports wagering account," and clarifies that "gambling" does not include certain activities while expanding the scope of authorized activities to include mobile sports wagering. It mandates that licensees maintain software systems to monitor wagering activities, report suspicious activities, and comply with state and federal laws. The Department of Revenue is responsible for announcing the start of operations for licensees at least 14 days in advance and ensuring that a minimum of three licenses are issued before operations can commence. The bill is set to take effect on January 1, 2026, with certain provisions taking effect immediately.
Statutes affected: HB0145A, AM HB 145, introduced 03/21/2025: 04.11.370, 12.62.160, 12.62.400, 05.18.020, 40.25.110, 40.25.140, 05.18.010, 05.18.030, C.F.R, 05.18.040, 05.18.050, 05.18.060, 05.18.070, 05.18.080, 05.18.090, 05.18.100, 05.18.110, 05.18.120, 05.18.190, 11.66.280, 43.23.230, 44.64.030