The bill establishes a comprehensive regulatory framework for mobile sports betting in Minnesota, including licensing for operators and platform providers, while ensuring compliance with state laws. It defines key terms such as "mobile sports betting" and "authorized participant," and mandates that all participants must be at least 21 years old. The legislation prohibits local restrictions on sports betting and outlines the responsibilities of the commissioner in overseeing the industry, including the authority to impose penalties for violations. Additionally, it emphasizes responsible gambling practices, requiring operators to maintain financial reserves, provide helplines for gambling disorders, and implement measures to identify at-risk individuals.

Furthermore, the bill introduces a taxation framework, imposing a 20% tax on online wagers while exempting those placed on Indian lands, and establishes a sports betting revenue account for fund distribution. It mandates that grant recipients conduct surveys on problem gambling among young adults and includes provisions for the treatment of compulsive gamblers. The bill also amends existing laws to clarify definitions related to sports betting and introduces a program for mental health and substance use disorder treatment. Overall, the legislation aims to create a structured and responsible environment for mobile sports betting while addressing potential gambling-related issues and ensuring consumer protection.

Statutes affected:
Introduction: 260B.007, 609.75, 609.755, 609.76, 245.98
1st Engrossment: 260B.007, 609.75, 609.755, 609.76, 245.98
2nd Engrossment: 260B.007, 609.75, 609.755, 609.76, 245.98
3rd Engrossment: 260B.007, 609.75, 609.755, 609.76, 245.98, 240.01
4th Engrossment: 260B.007, 609.75, 609.755, 609.76, 245.98, 240.01
5th Engrossment: 260B.007, 609.75, 609.755, 609.76, 245.98, 240.01
6th Engrossment: 297E.02, 260B.007, 609.75, 609.755, 609.76, 245.98, 240.01
2nd Engrossment: 260B.007, 609.75, 609.755, 609.76, 245.98
1st Engrossment: 260B.007, 609.75, 609.755, 609.76, 245.98