Oklahoma SB164 amends the Oklahoma Education Lottery Act to authorize sports pools and establish the Sports Pools Fund.
Oklahoma SB164 amends the Oklahoma Education Lottery Act to authorize the Oklahoma Lottery Commission to implement sports pools, allowing wagering on the outcome of sporting events. The bill updates statutory language, defines terms, and authorizes the board of trustees to enter into agreements or contracts for the implementation of sports pools. It also creates the Sports Pools Fund, which will receive net revenue from sports pools. Funds from the Sports Pools Fund will be appropriated for gambling addiction programs, common education, and administrative costs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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