This bill amends existing Nebraska gambling laws to authorize authorized gaming operators to conduct sports wagering through online platforms, in addition to traditional in-person wagering at licensed racetracks. Key definitions are introduced, including "online sports wagering platform," which refers to the integrated system used for conducting sports wagering over the Internet, and "platform provider," which is a vendor that partners with an authorized gaming operator to offer these services. The bill also outlines the conditions under which sports wagering can occur, emphasizing that it must be conducted by licensed operators and that all platforms must receive approval from the State Racing and Gaming Commission.

Additionally, the bill modifies the tax distribution structure for revenues generated from sports wagering. It specifies that the tax on gross gaming revenue from sports wagering will be allocated to various funds, including the Compulsive Gamblers Assistance Fund, the Racing and Gaming Commission's Racetrack Gaming Fund, and the Education Future Fund, among others. This contrasts with the tax distribution for other gaming revenues, which is allocated differently. The bill aims to harmonize the provisions of the Nebraska Racetrack Gaming Act and repeals the original sections that are being amended.

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