The Montana Sports Wagering Act establishes a legal framework for online sports wagering and fantasy sports contests, defining key terms and allowing for regulation by a designated department. The Act requires sports wagering operators to remit 10% of their online revenue to the state, with the first $300,000 allocated to county health programs addressing problematic gambling. It sets the minimum age for participation at 18 years and includes penalties for non-compliance, including the revocation of permits. The bill also introduces new regulations that prohibit individuals under 18 from participating in online sports wagering and establishes civil penalties for operating without a valid permit.

Additionally, the bill amends existing gambling laws to clarify that online sports wagering and fantasy sports contests are regulated under specific sections, ensuring that the definitions align with the new regulations. It updates the responsibilities of the Department of Justice regarding licensing and violations, while specifying that the state lottery and sports wagering agency must operate within defined scopes. The bill sets an effective date of July 1, 2025, for implementation, with online sports wagering required to commence by January 15, 2026. Overall, the legislation aims to modernize Montana's gambling laws, ensuring regulatory oversight while protecting minors from engaging in online wagering activities.

Statutes affected:
LC Text: 17-7-502, 23-4-101, 23-5-112, 23-5-113, 23-5-115, 23-5-802, 23-7-102