MINNEAPOLIS – Lawmakers in Minnesota are inching closer to banning prediction markets in the Land of 10,000 Lakes. A bill targeting a wide range of offerings from prediction market apps has advanced to the senate floor. Senator John Marty’s bill, SF 4511, would prohibit contracts … Read more
Senators expressed concern about college sports betting in Minnesota as well as online access. Because of their concerns, the MN SF 757 stalls in the committee stage until potential changes are made. MINNEAPOLIS – A highly anticipated bill to legalize sports betting in Minnesota failed … Read more
Senator John Marty’s sports betting bill, SF 5330, would bring legal sports betting to Minnesota but has many controversial features. The biggest reason why this bill won’t pass is because it doesn’t designate any revenue towards Minnesota’s horse racing industry. This bill also proposes a … Read more
A Minnesota sports betting bill received more amendments in the Minnesota Senate Tax Committee on Thursday. MN SF 1949 saw an increased tax rate from 10% to 20%, as well as uncapping the revenue earned by Minnesota racetracks. The changes are a positive improvement but … Read more
A Minnesota sports betting bill was amended in committee to prohibit live betting. Senator Matt Klein’s bill MN SF 1949 carried over from the 2023 session but took on major changes, most notably the banning of in-game wagering. Resistance from the Minnesota horse racing industry … Read more
Minnesota sports betting bills have run out of time with the legislative session ending this Monday. A compromise between Minnesota’s horse tracks and sports betting is necessary for hopes of passage in 2024. ST. PAUL, Minn. – House Speaker Melissa Hortman deemed the legal Minnesota … Read more