SB2081

Oklahoma SB2081 allows charitable organizations to host wagering events under strict conditions and permits private wagering events with limits.

Oklahoma SB2081 allows charitable organizations to host wagering events on their premises for charity purposes, provided they meet certain conditions. These events must be one-day in-person events without advance bookings, and individuals cannot wager more than $1,000 in a 90-day period. The bill also sets limits for private wagering events, requiring participants to be present, prohibiting the use of credit, and limiting wagers to $100 per event per day. Both charitable and private events must comply with tax reporting requirements.