False hope or positive movement in ?
The Minnesota House of Representatives Taxes Committee approved Rep. Zack Stephenson s (DFL-Coon Rapids) sports betting bill, HF 2000, by a 12-9 vote, re-referring the bill to the House Ways and Means Committee.
While it s a positive move forward for the sports betting bill, several committee members threw cold water on its approval and expressed doubt that the legislation has any chance of approval in the Minnesota Senate.
Proposed Tax Cuts for Charitable Gaming
Stephenson s sports betting bill, , gives Minnesota tribes exclusive control over retail and online sports betting, while also legalizing daily fantasy sports in the state The legislation sets the sports betting tax rate at 20% and the DFS tax rate at 10%.
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