This bill establishes a comprehensive legal framework for mobile sports betting and fantasy contests in Minnesota, allowing individuals aged 21 and older to participate while prohibiting local restrictions on such activities. It introduces new definitions, including "authorized participant" and "mobile sports betting operator," and outlines the regulatory authority of the commissioner to ensure fair and transparent operations. The bill includes provisions for taxation, civil and criminal penalties for violations, and the allocation of funds for amateur sports grants. It also emphasizes responsible gambling practices, requiring operators to implement measures to prevent compulsive gambling and maintain a 24/7 helpline for individuals with gambling disorders.

Additionally, the bill sets licensing requirements for mobile sports betting operators and platform providers, including background checks and disqualifications for certain criminal histories. It prohibits partnerships with colleges or universities for advertising purposes and mandates responsible gambling messages in all advertisements. The legislation establishes an exclusion list for individuals prohibited from wagering, outlines record-keeping requirements, and creates a sports betting revenue account to manage funds generated from a 22% tax on net revenue. Overall, the bill aims to create a structured and responsible environment for mobile sports betting in Minnesota, ensuring consumer protection and promoting public safety.

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