Minnesota Rep. Pat Garofalo (R) says in an interview with Minnesota Public Radio he’ll soon introduce sports betting legislation in the state.
“We want to have it safe, regulated, and fair,” he argued. “Sports gambling is taking place in Minnesota, especially with the Internet. A lot of this money that’s being wagered is going overseas, where there are no consumer protections. It’s not being regulated.”
The Minnesota State Department of Public Safety recently announced it is beefing up enforcement statewide against illegal sports wagering. At a news conference agents released a video designed to educate would-be bettors on the dangers of making illegal sports bets. The video also reviews what is legal in Minnesota and what is not.
The US Supreme Court is currently reviewing a federal law prohibiting state from offering individual team wagering, in the manner now only offered legally in Nevada.
American Gaming Association research shows that a legal, regulated sports betting market could bring $531 million in economic output to Minnesota’s economy, support up to 3,093 jobs and generate up to $107 million in tax revenue.