This bill amends the Nebraska Racetrack Gaming Act to broaden the scope of sports wagering in the state by introducing new definitions and modifying existing regulations. Notably, it defines "online sports wagering platform" and redefines "authorized sporting event" to exclude in-state collegiate events, thereby allowing wagering on a wider array of professional and international events. The bill outlines the responsibilities of the State Racing and Gaming Commission, including regulating gaming operators, establishing licensing criteria, and conducting market analyses and socioeconomic studies related to horseracing and casino gaming in Nebraska.

Additionally, the bill revises the distribution of taxes collected from sports wagering, allocating portions to funds such as the Compulsive Gamblers Assistance Fund and the Property Tax Credit Cash Fund. It establishes a one-time licensing fee for authorized gaming operators and allows the adjudication subcommittee to impose fines for violations of the act, with fines directed to the State Treasurer. The bill also sets an operative date of September 1, 2025, and includes provisions for immediate enactment upon passage due to an emergency, while repealing certain sections of the Revised Statutes to streamline the regulatory framework.

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