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During a recent meeting, committee chairman David Blount shared insights regarding the ongoing discussions surrounding the Mississippi sports betting bill HB 774. He expressed optimism, stating, “If people are talking, that is a good thing and we want to let them continue to do that.”
The committee’s vote in favor of a strike-all law represents a major advancement in the legislative process. The bill’s continuation is guaranteed by its conformity with house codes, even though its language has not altered. There is plenty of time for more discussion on HB 774, which cleared the house on February 1 and was then referred to the gaming committee on February 27. The state legislature is in session until May 5.
The cutoff day for committees to move measures from outside chambers was Tuesday. Anticipating ahead, the whole senate will have until Thursday, April 11, to discuss legislation that originate in the house but do not relate to income.
Mississippi lawmakers have been at the forefront of sports betting legalization efforts since the overturning of the Professional and Amateur Sports Protection Act in May 2018. Despite early success, debates persist over digital sports betting expansion. Presently, bettors can engage in wagering activities at physical sportsbooks, with select venues offering on-site mobile betting options.
Blount stated that the measure has bipartisan support, but he refrained from disclosing details of the current talks. Prior attempts to expand legislation to encompass internet gambling have encountered challenges.
The most recent version of the gambling plan includes provisions for 26 licenses connected to the state’s commercial casinos. Furthermore, the tax rates, which have a limit of 12%, are designed to accommodate different company volumes; sportsbooks that operate at smaller capacity are eligible for lower tax rates.