Oklahoma Sports Betting Bill to Be Considered by Legislature Lou De Aguila 3. February 2023 | UPDATED ON: 3. February 2023 Post Views: 46 According to Matt Morgan, the chair of the Oklahoma Indian Gaming Commission (OIGA), a new bill on sports betting will be submitted, and its first reading will take place on February 6, 2023, on the opening day of the new legislative session in Oklahoma. The bill, known as Rep. Ken Luttrell’s House Bill HB1027, aims to legalize sports betting in the state and introduce a tiered fee structure for the tribes based on their revenue. Top 4 Sports Betting Sites in Oklahoma2024 Slot Title Pay Back Key Features 1 50% first deposit bonus up to $250 Min. Deposit: $10Payout speed: 15 minutes50% first deposit bonus up to $250Play NowOur score: 50% first deposit bonus up to $250Read more2 $20 free bet Min. Deposit: $10Payout speed: 48 hours$20 free betPlay NowOur score: $20 free betRead more3 100% first deposit bonus up to $1,000 Min. Deposit: $20Payout speed: 24 hours100% first deposit bonus up to $1,000Play NowOur score: 100% first deposit bonus up to $1,000Read more4 Welcome Bonus: 50% Up to $1,000 Min. Deposit: $45Payout speed: 210 business daysWelcome Bonus: 50% Up to $1,000Play NowOur score: Welcome Bonus: 50% Up to $1,000Read more Sports Betting in Oklahoma: Tiered Fee Structure Proposed The proposed fee structure would require tribes to pay 4% on the first $5 million received in a month, 5% on the next $5 million, and 6% on the rest in a calendar year. One of the tribes, the Muscogee Nation, thinks that the measure still needs to be more clear, according to Jason Salsman, the tribe’s spokesman. Oklahoma Tribal Interests and Sports Betting Bill Matt Morgan believes that reaching an agreement on the bill’s specifics is crucial in determining whether the state’s 39 tribes will support the legislation. Each tribe has a different level of interest in sports betting, creating a wide range of enthusiasm among them. Morgan also plans to bring Rep. Luttrell into the conversation to address the various questions and concerns. Gaming Compact Constraints in Oklahoma Gaming Market Morgan emphasizes the importance of keeping in mind the current gaming compact, which might make certain activities illegal. The compact, initially signed in 2004, was negotiated between the tribes and the state to create additional revenue but was extended for another year after a legal battle in which the tribes were victorious. Rep. Luttrell’s previous attempt to pass a law to legalize sports betting in February 2022 was unsuccessful, but he is making another attempt with House Bill 1027. Sports Betting Bonus in Oklahoma: Claim a quick 50% bonus of up to $250 once you make an initial deposit on Bovada! Claim up to $250 Bonus Now About Lou De Aguila Lou Aguila is a news and feature writer for Golden Casino News. For over a decade, Lou has published news and featured articles for some of the most reputable sports betting and online casino sites in the world, including BetNow.UK, VegasOdds, and BWin. Apart from being a hardcore live casino punter, he also covers sports stories in North American leagues from time to time. View all posts by Lou De Aguila →
