Montana opens consultation on sports betting rules

The Montana Lottery has released its draft sports wagering regulations for public comment.

The state lottery said it is working towards a launch of legal sports wagering by the end of 2019. The draft regulations state that sports wagering may be offered, “whenever the director, with the commission’s concurrence, finds it feasible and in the state’s best interest.”

“The sports wagering law passed in May and we’ve been working hard ever since to build something Montanans will be excited about,” lottery director Angela Wong said. “We’ve got a lot to share with Montanans, but the first step is making sure their voices are heard as we move forward.”

The consultation comes after governor Steve Bullock signed a bill legalising sports betting in Montana in May. The sports betting law, House Bill 725, allows for sports wagering conducted by the state lottery and sets a tax rate of 8.5% of receipts and a license fee of $1,000.

Read more on iGB North America.