This bill amends the Nebraska Racetrack Gaming Act to broaden the scope of sports wagering in the state by introducing new definitions such as "online sports wagering platform" and "platform provider." It removes the exclusion of in-state collegiate sporting events from the definition of "authorized sporting event," thereby allowing wagering on these events. The bill also outlines the responsibilities of the State Racing and Gaming Commission, which include regulating gaming operators, establishing licensing criteria, and conducting market analyses and socioeconomic studies related to horseracing and casino gaming.

Additionally, the bill modifies the tax structure on gross gaming revenue, specifying allocations to various funds, including the Compulsive Gamblers Assistance Fund and the Property Tax Credit Cash Fund. It imposes a one-time licensing fee for authorized gaming operators and allows the adjudication subcommittee to impose fines up to fifteen thousand dollars for violations of the act. The bill sets an operative date of September 1, 2025, and includes a clause ensuring the validity of remaining sections if any part is deemed invalid. The act is designed to take effect immediately upon passage due to an emergency clause.

Statutes affected:
Introduced: 9-1103, 9-1106, 9-1110, 9-1204