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    Home » Oklahoma Gov. Releases Sports Betting Plan From Israel
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    Oklahoma Gov. Releases Sports Betting Plan From Israel

    By Casino Dada TeamNovember 5, 2023No Comments3 Mins Read
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    Oklahoma Governor

    Whereas in Israel exhibiting help, Oklahoma Gov. Stitt has printed a brand new sports activities betting proposal. [Image: Shutterstock.com]

    Attention-grabbing proposal

    Oklahoma Governor Kevin Stitt is likely to be in Israel in a present of help for the Netanyahu administration, however that didn’t cease him from releasing an eyebrow-raising sports activities betting measure.

    Gov. Stitt took to X Thursday with a hyperlink to his new proposal that opens the door to all industrial cellular operators, seemingly on the expense of tribal exclusivity:

    At this time I rolled out my plan to convey sports activities betting to Oklahoma.

    I promised if we pursued sports activities betting, we’d do it proper— and this plan does simply that.

    Be taught extra:https://t.co/di7ec8Cwu5

    — Governor Kevin Stitt (@GovStitt) November 2, 2023

    The information launch from Stitt’s workplace said the brand new measure would “permit Oklahomans to put bets on their cellular units on a sportsbook licensed by the state.” The cellular betting suitors would want to pony up $500,000 for a cellular license plus $100,000 in annual renewal charges, with a 20% tax on gross gaming income (GGR) earmarked for state coffers.  

    One of the crucial apparent points the proposal raises is how Oklahoma’s tribes are going to take to the measure, contemplating they paid the state $191.5m in gaming exclusivity charges for the 2022 fiscal 12 months.

    A query of exclusivity

    Pictured smiles aplenty with Israel PM Benjamin Netanyahu and Texas Gov. Gregg Abbot just a few hours earlier than releasing his new proposal from the war-torn nation, Stitt seems to be to have ignited one other sort of battle again residence. As Tulsa World reported, it’s not clear what impact such a move by Stitt’s administration would have on the tribes’ gaming exclusivity compacts, or whether or not tribes merely gained’t be required to pay this tax anymore.  

    tribes haven’t proven a lot curiosity in sports activities betting prior to now

    Whereas state tribes haven’t proven a lot curiosity in sports activities betting prior to now, they could change their tune when all that’s on the desk is permission to take in-person sports activities bets solely.

    Regardless of Stitt’s workplace stating the new proposal would “protect tribal investments in brick-and-mortar services,” the governor has for years been preventing compacts signed a long time in the past that he believes are “overly favorable to the tribes.”

    A good distance off

    After all, getting cellular sports activities betting regulated in Oklahoma continues to be a way off. As Oklahoma Home Speaker Charles McCall said Thursday, his legislative physique “will want time to evaluation and talk about” Stitt’s proposal.

    As well as, McCall added that Stitt didn’t seek the advice of the Home or Senate earlier than publishing the brand new plan. In a written assertion, McCall poured chilly water on something taking place quick. “As we all know from the final session, sports activities betting is a really sophisticated problem,” he forewarned.

    The “final session” McCall referred to was a legislative committee’s rejection of compacts Stitt signed with two tribes that at present don’t supply gaming. The compacts would have permitted sports activities betting.

    “That being stated, the Home is all the time open to good concepts and I sit up for reviewing his proposal in better element,” McCall added.



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