{"id":71351,"date":"2018-02-27T16:00:00","date_gmt":"2018-02-28T00:00:00","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=71351"},"modified":"2018-02-27T11:50:45","modified_gmt":"2018-02-27T19:50:45","slug":"oklahoma-sports-betting-bill-clears-first-hurdle","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/","title":{"rendered":"OK\u2019d in Oklahoma: State’s Sports Betting Bill Clears First Hurdle"},"content":{"rendered":"

An Oklahoma sports betting bill that would also expand tribal gaming to include non-house-banked table games cleared an important legislative hurdle on Monday evening.<\/p>\n

\"Oklahoma
Oklahomans could soon be betting on the Thunder, or any other sports team for that matter, at any one of the state\u2019s 70-plus tribal casinos. It\u2019s estimated sports wagering could generate $124 million in taxes for Oklahoma. (Image: Layne Murdoch\/Getty)<\/figcaption><\/figure>\n

The Oklahoma House of Representatives Appropriations and Budget Committee approved HB 3375 by a healthy 18-8 margin.<\/p>\n

As well as authorizing the table games, the bill would legalize parimutuel sports wagering (but not horse or dog betting) for the state\u2019s 70-odd tribal casinos by an amendment to state compacts.<\/p>\n

The bill, introduced by Representative\u00a0Kevin Wallace (R-Wellston), states:<\/p>\n

HB3375 provides state approval for new game offerings under the State Tribal Gaming Act. Tribes may elect to begin offering non-house banked table games and sports pools by submitting a written supplement to an existing gaming compact with the state. The agreement requires a tribe to pay the state 10 percent of the monthly net wins from the operation of non-house banked table games and sports pools.<\/em><\/p>\n

Steps-Up Sports Betting<\/strong><\/h2>\n

\u201cDo you think gambling is good for the people of Oklahoma?\u201d asked Representative Todd Russ (R-Cordell) during the hearing.<\/p>\n

\u201cThat is a philosophical issue but nothing in this bill deals with whether it is good or bad,\u201d replied Wallace.<\/strong><\/p><\/blockquote>\n

But Wallace hopes the bill will indeed be good for Oklahoma in the form of millions of dollars pouring into the coffers of the cash-strapped legislature.<\/p>\n

The state is desperate to find a solution for its protracted budget impasse<\/a>. A previous gambling bill, which included gaming expansion but not sports betting, was part of a failed revenue package entitled \u201cStep Up Oklahoma\u201d that went down in flames earlier this month.<\/p>\n

Expected Value<\/strong><\/h2>\n

The bill estimates exclusivity fee revenues resulting non-house-banked table games\u00a0will\u00a0be about $22 million per year. These\u00a0casino games like Three-Card Poker and Ultimate Texas Hold \u2019em, in which one player acts as the bank. The bill makes no mention of craps or roulette, as misreported by some media outlets.<\/p>\n

Meanwhile, the exclusivity fee revenue resulting from the sports pools is estimated to be about $9.8 million per year.<\/p>\n

\n

The American Gaming Association calculates that a regulated sports betting market\u00a0could contribute $600 million\u00a0to Oklahoma\u2019s economy\u00a0and generate up to $124 million\u00a0in tax revenues for the state each year.<\/p>\n<\/div>\n

As it stands, the bill would not allow the NBA and MLB their so-called \u201cintegrity fee\u201d<\/a> \u2013 a one percent cut of profits that equates to a 25 percent tax on gross gaming revenues. The leagues are expected to lobby hard against the bill.<\/p>\n","protected":false},"excerpt":{"rendered":"

An Oklahoma sports betting bill that would also expand tribal gaming to include non-house-banked table games cleared an important legislative hurdle on Monday evening. The Oklahoma House of Representatives Appropriations and Budget Committee approved HB 3375 by a healthy 18-8 margin. As well as authorizing the table games, the bill would legalize parimutuel sports wagering […]<\/p>\n","protected":false},"author":42,"featured_media":71357,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18,1074],"tags":[],"acf":[],"yoast_head":"\nOK\u2019d in Oklahoma: State's Sports Betting Bill Clears First Hurdle<\/title>\n<meta name=\"description\" content=\"New Oklahoma sports betting bill would also authorize non-house-banked table games at the state\u2019s 70-plus Indian casinos.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OK\u2019d in Oklahoma: State's Sports Betting Bill Clears First Hurdle\" \/>\n<meta property=\"og:description\" content=\"New Oklahoma sports betting bill would also authorize non-house-banked table games at the state\u2019s 70-plus Indian casinos.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-28T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-02-27T19:50:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/\",\"url\":\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/\",\"name\":\"OK\u2019d in Oklahoma: State's Sports Betting Bill Clears First Hurdle\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg\",\"datePublished\":\"2018-02-28T00:00:00+00:00\",\"dateModified\":\"2018-02-27T19:50:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"New Oklahoma sports betting bill would also authorize non-house-banked table games at the state\u2019s 70-plus Indian casinos.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg\",\"width\":2560,\"height\":1707,\"caption\":\"Oklahomans could soon be betting on the Thunder, or any other sports team for that matter, at any one of the state\u2019s 70-plus tribal casinos. It\u2019s estimate sports wagering could generate $124 million in taxes for Oklahoma. (Image: Layne Murdoch\/Getty)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Betting\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"OK\u2019d in Oklahoma: State’s Sports Betting Bill Clears First Hurdle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\",\"name\":\"Casino.org Staff Writer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g\",\"caption\":\"Casino.org Staff Writer\"},\"url\":\"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"OK\u2019d in Oklahoma: State's Sports Betting Bill Clears First Hurdle","description":"New Oklahoma sports betting bill would also authorize non-house-banked table games at the state\u2019s 70-plus Indian casinos.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"OK\u2019d in Oklahoma: State's Sports Betting Bill Clears First Hurdle","og_description":"New Oklahoma sports betting bill would also authorize non-house-banked table games at the state\u2019s 70-plus Indian casinos.","og_url":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2018-02-28T00:00:00+00:00","article_modified_time":"2018-02-27T19:50:45+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg","type":"image\/jpeg"}],"author":"Casino.org Staff Writer","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Casino.org Staff Writer","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/","url":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/","name":"OK\u2019d in Oklahoma: State's Sports Betting Bill Clears First Hurdle","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg","datePublished":"2018-02-28T00:00:00+00:00","dateModified":"2018-02-27T19:50:45+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77"},"description":"New Oklahoma sports betting bill would also authorize non-house-banked table games at the state\u2019s 70-plus Indian casinos.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/02\/OK-Thunder-scaled.jpg","width":2560,"height":1707,"caption":"Oklahomans could soon be betting on the Thunder, or any other sports team for that matter, at any one of the state\u2019s 70-plus tribal casinos. It\u2019s estimate sports wagering could generate $124 million in taxes for Oklahoma. (Image: Layne Murdoch\/Getty)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/oklahoma-sports-betting-bill-clears-first-hurdle\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Betting","item":"https:\/\/www.casino.org\/news\/sportsbetting\/"},{"@type":"ListItem","position":3,"name":"OK\u2019d in Oklahoma: State’s Sports Betting Bill Clears First Hurdle"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77","name":"Casino.org Staff Writer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0853bd574da5b217483afb1fbbee33a5?s=96&d=mm&r=g","caption":"Casino.org Staff Writer"},"url":"https:\/\/www.casino.org\/news\/author\/corg-staff-writer\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/71351"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=71351"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/71351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/71357"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=71351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=71351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=71351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}