The "Minnesota Sports Betting Act 3.0" seeks to establish a comprehensive regulatory framework for mobile sports betting and fantasy contests in Minnesota. The bill allows individuals aged 21 and older to participate in mobile sports betting through licensed operators, while prohibiting local restrictions on such activities. It introduces new definitions related to sports betting, outlines licensing requirements for mobile sports betting operators and platform providers, and mandates thorough background checks for applicants. The legislation emphasizes responsible gambling practices, requiring operators to implement measures to prevent compulsive gambling and to monitor wagering patterns. Additionally, it specifies that certain provisions do not apply to sports betting conducted on Indian lands, which will continue to be governed by existing Tribal-state compacts.

The bill also includes significant amendments to existing laws regarding gambling, establishing a taxation framework that imposes a 20% tax on online wagers, while exempting those placed on Indian lands from state taxation. It allocates funds from collected taxes to various state programs, including those addressing compulsive gambling and youth sports. Furthermore, the legislation mandates the Minnesota Amateur Sports Commission to allocate funds for promoting youth sports and activities, particularly in areas with high juvenile crime rates. It introduces a new tax relief payment system for organizations licensed to conduct lawful gambling and enhances support for compulsive gambling treatment programs. Overall, the bill aims to create a regulated and responsible environment for mobile sports betting while promoting public safety and integrity in sports.

Statutes affected:
Introduction: 270B.07, 260B.007, 609.75, 609.755, 609.76, 297E.02, 349.12, 240.01, 245.98, 609.761