This bill aims to make the operation of illegal online casinos and sports betting a felony in Arkansas, while also establishing the Interactive Gaming Act. It amends existing laws to expand the definition of illegal gambling to include online activities and introduces new regulations for interactive gaming, which encompasses casino-style games and name, image, or likeness drawing games. The bill specifies that individuals or entities involved in keeping or operating gambling houses, whether physical or online, can be charged with a Class D felony. It also outlines the conditions under which licensed casinos can operate interactive gaming systems and the penalties for violations.
Additionally, the bill creates a framework for the regulation of interactive gaming, including definitions, operational standards, and rules to be enforced by the Arkansas Racing Commission. It emphasizes the importance of regulating these activities to protect citizens and support economic development, particularly in relation to institutions of higher education and their athletic programs. An emergency clause is included, allowing the act to take effect immediately upon approval, highlighting the urgency of addressing unregulated gambling activities in the state.
Statutes affected: SB 524: 5-66-103(a)