SB2379: Mississippi Mobile Sports Wagering Act; enact and dedicate proceeds to HOPE Scholarship Program.

Legislative Summary

An Act To Create The Mississippi Mobile Sports Wagering Act; To Provide Definitions For The Act; To Provide That "online Race Book" And "online Sports Pool" Betting Shall Be Legal In This State; To Require A Platform That Operates An Online Sports Pool Or Online Race Book To A Manufacturer's And Distributor's License; To Authorize Licensed Gaming Establishments To Contract With No More Than One Platform; To Provide That A Platform Shall Only Accept Wagers From Players Located In Mississippi; To Require The Platform Contract For Geofencing And Age Verification; To Prohibit Play By Any Person Under The Age Of 21; To Impose A Fee On The Gross Revenue Of A Licensed Gaming Establishment, Including A Platform That Operates An Online Sports Pool, Online Race Book Or Both On Behalf Of The Holder Of A Gaming License, Which Is Derived From The Activities Authorized In This Act And To Exempt Such Gross Revenue From Certain Fees Imposed Or Authorized Under The Mississippi Gaming Control Act And Any Local And Private Law Of The State Of Mississippi; To Provide For The Distribution Of Proceeds Collected From Such Fee To The Mississippi Hope Scholarship Fund; To Amend Sections 75-76-67 And 97-33-17, Mississippi Code Of 1972, To Conform To The Preceding Sections; To Amend Section 75-76-5, Mississippi Code Of 1972, To Require The Licensed Gaming Establishment To Display The License Of The Platform It Is Contracted With; To Amend Section 75-76-89, Mississippi Code Of 1972, To Clarify The Inclusion Of Online Race Book And Sports Book For Gaming Licensing Outside Of A Premises; To Bring Forward Section 75-76-91, Mississippi Code Of 1972, Which Requires The Licensed Gaming Establishment To Display The License Of The Platform It Is Contracted With, For Purposes Of Amendment; To Bring Forward Section 75-76-203, Mississippi Code Of 1972, Which Provides An Exception For An Office In This State For Platforms, For Purposes Of Amendment; To Bring Forward Sections 75-76-33, 75-76-55, 75-76-101, 75-76-205 And 75-76-211, Mississippi Code Of 1972, Which Regulate Corporate Gaming Establishments, For Purposes Of Amendment; To Amend Sections 75-76-175, 75-76-177 And 97-33-27, Mississippi Code Of 1972, To Clarify Certain Provisions Relating To Credit Instruments And Gaming License Fees; To Bring Forward Sections 97-33-8 And 97-33-305, Mississippi Code Of 1972, Which Regulate Gaming Establishments, For Purposes Of Amendment; To Amend Sections 75-76-79 And 97-33-25, Mississippi Code Of 1972, To Clarify Certain Provisions Relating To Dockside Gaming; To Amend Sections 97-33-1 And 97-33-7, Mississippi Code Of 1972, To Restrict Certain Types Of Wagers; To Establish The Mississippi Hope Scholarship Program Fund To Be Operated By The Ihl Office Of Student Financial Aid To Receive And Disburse The Proceeds Of The Mobile Sports Wagering Licensure Fees; To Create The "mobile Sports Wagering Tax Fund" And Provide For Its Distribution; And For Related Purposes.