This bill amends several sections of the Nebraska Racetrack Gaming Act to authorize online sports wagering and redefine related terms. It introduces new definitions, including "online sports wagering platform," which refers to the integrated system through which authorized gaming operators conduct sports wagering online, and "platform provider," which is a vendor that contracts with an authorized gaming operator to provide such a platform. The bill also clarifies that sports wagering can be conducted in person at licensed racetracks or through an online platform, provided that the platform is operated by an authorized gaming operator or in partnership with one.

Additionally, the bill modifies the tax distribution for gross gaming revenue generated by sports wagering. It stipulates that the tax 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. The original sections of the law that are being amended are repealed, ensuring that the new provisions take effect. Overall, the bill aims to modernize the state's approach to sports wagering and enhance revenue distribution mechanisms.

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