Alabama Senate passes gambling and lottery bill
After weeks of deliberation and debate, the highly contentious gambling and lottery bill was approved by the Alabama Senate.A legislative conference committee will now...
Alabama continues to progress on gambling regulation
Lawmakers in Alabama have recently voted in favor of two newly introduced bills that aim to legalize and regulate the gambling pastime in the state.
The bills in question are Alabama House Bill 151 and 152, which were initially introduced about a week ago on the 8th of February and proposed to legalize five forms of limited gambling services. This includes a state-run lottery run by a dedicated public firm, land-based casino offerings at up to seven approved locations, and traditional sports betting, raffle, and bingo experiences.
The proposals also seek to establish a regulatory authority, the Alabama Gaming Commission, to oversee gambling activities throughout the state to ensure the safety of the industry and to collect taxes from the pastime. Moreover, Bill 152 proposed the creation of an agreement with one of Alabama’s tribal organizations, the Poarch Band of Creek Indians, to offer and regulate the gambling pastime on tribal lands as well.
The two bills also outlined how the pastime would be taxed, with gambling having a tax rate of 24% while sports wagering will have a tax rate of 17%. The majority of these taxes will go to a dedicated trust fund, which will fund various healthcare initiatives.
Alabama legislators propose bill to legalise sports betting
House Bill 161 is that which will allow for betting on collegiate as well as professional sports. State Representative John Rogers was the one to introduce this bill, and he...
