Alabama Home greenlights payments for lottery, casinos, and sports activities betting, progressing to the state Senate. The package deal contains Home Invoice 151, granting voters a say on playing in November, and Home Invoice 152, which establishes the regulatory framework.
HB 152, introduced by Chris Blackshear and Andy Whitt, suggests regulating and taxing sports activities wagering, a state lottery, and casino-style video games at retail casinos and gaming institutions statewide. The proposed laws outlines the formation of an Alabama Gaming Fee to supervise wagering and an Alabama Lottery Company to handle the state lottery. Moreover, a Gaming Enforcement Division could be established to watch all gaming actions and fight unlawful wagering.
HB 152 proposes a 24% tax on casino-style gaming, with 95% of the income designated for a gaming belief fund. Sports activities betting would incur a 17% tax, primarily contributing to the fund, and a portion would help legislation enforcement. The stateβs gaming belief fund goals to allocate some funds to psychological well being care.
The Legislative Companies Company initiatives the state might generate as much as $900 million from the lottery, casinos, and sports activities betting. This estimate encompasses income from a compact with the Poarch Band of Creek Indians. The laws urges the governor to provoke negotiations for a compact with the tribe.
