Arkansas passes online betting to House Rules Committee

Arkansas passes online betting to House Rules Committee

Added:
Posted by: AffPapa
  • Arkansas has referred a bill which involves the introduction of online sports betting and its regulation to the state’s House Rules Committee.

Representative Lee Johnson was the one to introduce the House Bill 1942, as it asks for all online sports betting to be instantly approved within Arkansas.

This newly-introduced bill states that every casino needs to have less than three individually branded online betting platforms. The Arkansas Racing Commission will be the body that takes care of most regulatory essentials including the types of wagers which will be provided, keeping records,  and making sure that children are not targets of gambling ads.

Initially, this bill was introduced to the Arkansas House of Representatives on the 19th of this month. It had been read twice for the first time and was referred to the Committee. Now, the Committee will be looking into the Bill this week.

The House Bill 1942 stated that the Arkansas Racing Commission will be ratifying the conditions upon which the bill will operate within 90 days after it comes into effect. At the moment, retail sports betting in the state is legal.

  • PlayUp fantasy & sportsbook operator enters New Jersey
  • TheScore is acquired by Penn National for 2 billion dollars