The proposed bill aims to make the operation of illegal online casinos and sports betting a felony, while also establishing the Interactive Gaming Act. It amends existing laws to expand the definition of interactive gaming to include games that utilize name, image, or likeness drawing games and casino gaming. The bill introduces new legal language that defines the offense of keeping a gambling house to include both physical and online operations, and it specifies that individuals or entities involved in online gaming that simulates casino-style gaming or sports wagering can be prosecuted. Additionally, it clarifies that licensed casinos are exempt from certain provisions regarding online gaming operations.

Furthermore, the bill outlines the regulatory framework for interactive gaming, including the requirement for casino licensees to operate approved interactive gaming systems and adhere to standards set by the Arkansas Racing Commission. It establishes penalties for operating without a license and includes provisions for managing dormant accounts. The bill also declares an emergency, emphasizing the need for regulation to protect citizens and support economic development related to higher education and student-athlete programs in Arkansas.

Statutes affected:
SB 524: 5-66-103(a)