Sports gambling bill in the works in Minnesota

Posted: February 22, 2013 in sports betting articles

http://www.hibbingmn.com/news/article_2686ae52-7ca1-11e2-b877-0019bb2963f4.html

 

y URMILA RAMAKRISHNAN Legislative Correspondent

ST. PAUL — Sports gambling could generate a huge income for the state, supporters of a House bill claim.

Rep. Carly Melin, DFL-Hibbing, and Rep. Jason Metsa, DFL-Virginia, signed onto a House bill authored by Rep. Phyllis Kahn, DFL-Minneapolis, that would allow betting on the results of certain professional or college sports games and athletic events starting July 1.

The betting would go through the state lottery system, and it would ban betting on events that were in Minnesota or involved a Minnesota college team.

The bill would give licenses to the state lottery from the commissioner of public safety to independently operated sports pools. Money won from bets would be taxed at 8 percent that would go to the state lottery fund.

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