Bill No. 585, introduced by Senator Coleman and Representative Luttrell, amends Oklahoma's laws regarding state-tribal gaming by updating terminology and clarifying the legal framework for Indian tribes to conduct authorized gaming. The bill changes "model tribal-state compact" to "Model Tribal Gaming Compact" and specifies that if at least four tribes enter into this compact and receive approval from the Secretary of the Interior, the Oklahoma Horse Racing Commission will license organization licensees for gaming activities. It also establishes regulations for the number of player terminals based on county populations and outlines the types of gaming machines permitted. Additionally, the bill introduces provisions for event wagering on nontribal land, allowing professional sports teams to obtain licenses for such activities, with gross gaming revenues shared with tribal entities.

The legislation further details the operation of covered games, including definitions, compliance requirements, and record-keeping mandates for tribes. It emphasizes transparency and accountability, requiring that auditors' work papers be available to the State Compliance Agency and that rules for playing and winning be displayed in facilities. The bill also establishes a structured process for handling tort and prize claims, ensuring patrons have due process, and mandates public liability insurance for tort claims. Key changes include clarifying references to the Indian Civil Rights Act and updating the document's structure. Overall, the bill aims to enhance regulatory oversight, promote collaboration between the state and tribes, and provide economic opportunities for tribal communities while ensuring compliance with applicable laws.