Minnesota Betting Debate Heats Up In House Committee

The Minnesota House Commerce and Policy Committee met Wednesday and held a roughly 35-minute discussion on HF 2000, which would legalize online sports betting in Minnesota. There was no vote Wednesday, and the bill is awaiting a vote in the House Taxes Committee.

The bill, which legalizes both sports betting and daily fantasy sports sites, would allow the state's 11 tribes to offer both retail and online sports wagering. The bill would bring up to 11 betting apps to Minnesota.

Sports betting revenue would be taxed at 10% of net revenue, and betting revenue would benefit several measures, including responsible gambling funding.

Wednesday's discussion was led by Zack Stephenson, the bill sponsor and chairman of the House Commerce and Policy Committee.

Holdups to legalization

  
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