Oklahoma legislator hopes to get sports betting bill past governor

Oklahoma legislator hopes to get sports betting bill past governor

Oklahoma will see a new attempt at legal sports betting, but Governor Stitt may be a problem

The legalization of sports betting in Oklahoma appears to be the ultimate goal of a new bill. Starting the week, State Representative Ken Luttrell introduced House Bill 3008, which aims to bring back discussions about the possibility of legal sports gambling in the state’s tribal casinos. With limited time for legislators to formally introduce the bills, Luttrell hopes for success and that the governor will give it the go-ahead at the end of the day.

Discussion would begin in the next session beginning February 7. Should the legislation pass, pooled sports betting would be added to the list of activities covered by existing gaming compacts between the tribes and the Sooner State. One of the requirements of House Bill 3008 is that the state receive a 10% cut of net winnings, which is based on total wagers received minus prizes paid and federal taxes.

In a press release, Luttrell said, “I have had conversations with our gaming tribes during the interim to gauge their interest on this topic. I feel the time is right for Oklahoma to partner with the tribes and ensure a level, competitive gaming playing field with the surrounding states.”

It is not yet entirely clear what kind of support the legislation currently has, let alone whether Governor Kevin Stitt would put his signature on the document. While it is true that Stitt has shown little interest in negotiating with the state’s tribes on gaming, Luttrell thinks that 2022 could be a positive year for this market in the state.

The legislator points out that Oklahoma is currently losing the opportunity to benefit from revenues that are currently going to other neighboring states or to illegal gambling companies. This is why it should be an issue with an immediate resolution.

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