Sports betting will not be legal this year in Oklahoma after a bill failed to pass a Senate committee. [Image: Shutterstock.com]
The latest attempt by Oklahoma lawmakers to legalize sports betting has failed. House Bill 1027 failed to get out of a Senate committee before the necessary deadline.
This was the second year in a row that actor Ken Luttrell introduced a bill to legalize sports betting. He thinks that This year’s bill failed It was because the senate needed more talks between the ruler and the tribes. Luttrell will try again with a similar bill next year. He believes legalization would be very beneficial to the state and many of his constituents strongly support the proposal.
Tribes that have state gaming agreements to operate both retail sports betting and online sports betting
The Oklahoma House passed HB 1027 in February after a vote of 66-22. The proposal would allow tribes with state gaming agreements to operate both retail sports betting and online betting. There are currently 35 tribes in Oklahoma that offer some form of gambling.
The Oklahoma Horse Racing Commission was responsible for overseeing the strip. HB 1027 proposed a tax rate of 4% on total gaming revenue up to $5 million, 5% on the next $5 million in revenue, and a 6% tax on any amounts above.