The Maine state legislature handed a invoice final week that will make it the second state in New England to legalize sports activities betting.
The invoice now heads to the desk of Governor Janet Mills, a Democrat, who may signal it into legislation.
Mills has not formally taken a stance on sports activities betting, however some retailers are reporting that she vetoed a number of payments the evening earlier than the ultimate day of the legislative session, in order that lawmakers may reply whereas they have been nonetheless in session. Not one of the sports activities betting payments have been vetoed, which some see as an indicator that she’s going to signal the invoice.
LD 553, sponsored by Sen. Louis Luchini and Rep. Scott Strom, was one among a number of sports activities betting payments launched to the legislature.
Within the last two days of the legislative session, the invoice handed a committee, simply handed by the Home and narrowly handed the Senate by a 19-15 vote.
The invoice will enable each online and retail sports activities betting. Residents of the state might be permitted to put bets on the state’s two casinos, its horse tracks, off-track betting places, and the tribal casinos, in addition to inserting bets online.
After lobbyists from the casino business did not persuade lawmakers to maintain DraftKings and FanDuel out of the market, lawmakers compromised with a tiered tax system. Retail operators might be taxed at 10 % charge, whereas online operators might be compelled to fork over 16 % of their income.
The preliminary payment for a gaming license is $2,000, which is without doubt one of the lowest charges within the nation. Betting on collegiate sports activities that embody a college from Maine is prohibited.
Mills has 10 enterprise days to signal the laws, making July three the deadline for when Mainers will know if they will bet on sports activities of their state. If handed, the legislation will go into impact 90 days after Mills indicators it, which might give the state authorized sports activities betting in time for soccer season.