Vote Smart's Synopsis:

Vote to pass a bill that authorizes sports betting in the Commonwealth.

Highlights:

• Expands definition of “illegal gaming” to include certain fantasy contests (Page 2).

• Establishes restrictions on such contests (Page 3).

• Establishes Sports Wagering Act (Page 4).

• Authorizes Gaming Commission to regulate sports wagering (Page 10).

• Prohibits certain wagering practices (e.g. purchase of biometric data, deceptive or otherwise noncompliant advertising) (Page 11).

• Requires safeguards against gambling addiction; publicization of problem gambling hotline (Page 11).

• Requires fingerprints, etc. from license applicants (Page 14).

• Authorizes Commission to investigate operator license applicants (Page 16).

• Requires $200,000 nonrefundable processing fee from such applicants (Page 18).

• Requires operators to restrict participation in wagering (e.g. by athletes, coaches) (Page 20).

• Requires background checks on operators’ employees (Page 25).

• Prohibits acceptance of wagers from persons under 21 years of age, or wagers placed via credit card (Page 30).

• Establishes taxes on operators (Page 31).

• Establishes Workforce Investment Trust Fund to assist low-income communities and vulnerable youth (Page 40).

• Requires study into allowing sports wagering kiosks in retail stores (Page 42).

• Prohibits unlawful sports wagering operations (Page 43).

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt a conference report that authorizes sports wagering in the Commonwealth.

Highlights:

• Expands definition of “illegal gaming” to include certain fantasy contests (Page 2).

• Establishes restrictions on such contests (Page 3).

• Establishes Sports Wagering Act (Page 4).

• Authorizes Gaming Commission to regulate sports wagering (Page 10).

• Prohibits certain wagering practices (e.g. purchase of biometric data, deceptive or otherwise noncompliant advertising) (Page 11).

• Requires safeguards against gambling addiction; publicization of problem gambling hotline (Page 11).

• Requires fingerprints, etc. from license applicants (Page 14).

• Authorizes Commission to investigate operator license applicants (Page 16).

• Requires $200,000 nonrefundable processing fee from such applicants (Page 18).

• Requires operators to restrict participation in wagering (e.g. by athletes, coaches) (Page 20).

• Requires background checks on operators’ employees (Page 25).

• Prohibits acceptance of wagers from persons under 21 years of age, or wagers placed via credit card (Page 30).

• Establishes taxes on operators (Page 31).

• Establishes Workforce Investment Trust Fund to assist low-income communities and vulnerable youth (Page 40).

• Requires study into allowing sports wagering kiosks in retail stores (Page 42).

• Prohibits unlawful sports wagering operations (Page 43).

Full Bill Text