Mississippi moves closer to online sports betting

Mississippi moves closer to online sports betting

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Mississippi moves closer to online sports betting

A bill to allow sports betting on the internet in Mississippi has passed its last Senate committee, putting it in position for a possible Senate floor vote.

The Mississippi sports betting proposal was approved by the Senate Gaming Committee on Tuesday, meeting the deadline for committees to vote on bills from the opposite house.

But there are some minor changes between this proposal and the one that the entire House approved in February. The House might need to make accommodations for the modifications if the bill is approved by the entire Senate before it suspends on the eleventh of April.

Although Mississippi was one of the first states to legalize sports betting, it is now limited to state-run casinos. The bill was somewhat amended by the Senate committee, which also included rules pertaining to fantasy sports. These modifications make it clear that contestants who have a conflict of interest are disqualified for participation. The committee also set a limit on the number of entries per player and mandated the use of age verification software. They also contained wording addressing the spread of electronic gambling machines on the gray market.

The bill’s sponsor, representative Casey Eure, was not immediately available for comment. Industry insiders, however, think these modifications are minimal and won’t really affect the bill’s chances.

Many stakeholders thought Mississippi would be an excellent choice to approve legislation related to online sports betting before the legislature session started. When the state’s sports betting program was introduced in 2018, it permitted both in-person and app-based wagering inside its borders.

The law would allow one online sports betting operator to collaborate with all of Mississippi’s casinos. The statewide emergency fund for road and bridge repairs would receive money from a twelve percent tax on revenue imposed on these operators.

In keeping with the age restriction for in-person betting, the minimum age for online betting would be 21.

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