Gaming – Wagering on Sporting Events – Authorization and Implementation

Bill Number:  HB1346

Bill Sponsor(s):  Delegate Buckel

Subject:  Ways and Means

Bill Summary:

Authorizing certain license holders to apply to the State Lottery and Gaming Control Commission for a sports gaming license; requiring an applicant for a sports gaming license to pay an initial fee of $300,000; requiring a holder of a sports gaming license to pay a renewal fee of $50,000; providing for the distribution of licensing fees and the proceeds from wagering on sporting events; making the Act subject to a certain contingency; submitting, subject to a certain contingency, the Act to a referendum of the qualified voters; etc.

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