Bill promoting legal sports wagering in Hawaii moves forward
Updating Progress on Online Sports Betting Bills in Hawaii 💎💰
Evening vibes! Let's talk about the exciting wave hitting the Aloha State. 🌺💦
You know how it's been— Hawaiian lawmakers have been tiptoeing around the idea of online sports betting for years, with bills taking a dive rapidly and never reappearing. But this time around, there's a breath of fresh air in the air.
Enter House Bill 1308—this baby made it to its 3rd legislative committee! Never in the history of Hawaii had an online sports betting bill progressed this far! It even won a 12-3 vote, showing a clear preference from some officials. But of course, it's a "work in progress" despite the removal of a 10% tax rate and $250,000 licensing fee, according to Kyle Yamashita, the committee chair. Now it's time for the big leagues: the full House chamber will give this bill its floor vote.
On the other hand, we've got Senate Bill 1569, the twin to the House bill. If you're wondering where the Department of Commerce and Consumer Affairs was, well... it's coming for the Department of Business, Economic Development, and Tourism (DBEDT) throne. Yes, you read that right! Senate Bill 1569 could make the DBEDT the regulating body for online sports betting sites in Hawaii.
A loooong wait, and a lot of restrictions later, it seems like Hawaii's approach to legal sports betting is taking a turn. If everything pans out, these bills could introduce a new revenue stream for the state and cater to the public's demands. 🤑💰
Disclaimer:
Before diving into the world of online sports betting, keep in mind that our website might earn a commission from partners if you make a purchase through a link on our site. It's always wise to double-check with the official Hawaii State Legislature website for the most current and accurate information. Stay informed, stay safe, and good luck! 🤞💃⚾️
Authored by:
McKenzie Cooper, senior at Florida State University, double majoring in Psychology and English, with forefoot in the online gambling world. When she's not writing, McKenzie is probably chilling in nature, catching a movie, or cheering on her favorite sports teams. 🌱🥤🏀✨
- The tiptoeing around online sports betting in Hawaii has taken an exciting turn with House Bill 1308, which made it to a 3rd legislative committee, marking the furthest an online sports betting bill has ever progressed in the state's history.
- House Bill 1308, which would legalize online sports betting, garnered a 12-3 vote in committee, indicating a preference from some officials despite the need for further regulations and requirements.
- Senate Bill 1569, the twin to House Bill 1308, could potentially make the Department of Business, Economic Development, and Tourism (DBEDT) the regulating body for online sports betting sites in Hawaii, if passed.
- If these bills are passed, Hawaii could introduce a new revenue stream for the state and cater to the public's demands for legal sports betting opportunities.
- It is important to note that while online sports betting could be legalized in Hawaii, specific requirements and regulations will need to be in place to ensure responsible and legal betting.
- Before engaging in online sports betting, it's crucial to stay informed and double-check with the official Hawaii State Legislature website to get the most current and accurate information regarding the progress of the bills.
