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Minnesota wants to legalize sports betting. In 2019, lawmakers introduced a sports betting bill. Iowa had recently legalized sports betting, and some lawmakers were feeling behind. However, the bill didn’t even get a hearing in the House. That’s because sports betting legislation won’t go anywhere without getting Minnesota’s tribes onboard. It’s the main economic driver on tribal lands, and the tribes don’t want to sacrifice their financial independence. Minnesota has a long way to go if it hopes to bring sports betting online. That means it won’t be spiting Iowa anytime soon, even with its most recent sports betting bill.

What’s In Minnesota’s Sports Betting Bill?

Minnesota’s sports betting bill has line items that are common to most sports betting industries. It would create a Gaming Commission to create industry rules and oversee licensed sportsbooks. The Gaming Commission can dole out punishments to bad actors in the industry, too. But three sections of the bill make this one stand out from other states:

• Taxes
• Cash Reserves
• Exclusion List

Taxes

Every sports betting state handles taxes a little differently. Some set a high tax rate to try to get everything they can out of it. Others cater to businesses with low tax rates. Minnesota’s current bill would tax online sports betting at 8% and retail sports betting at 6%. Those are some of the lowest tax rates in the country. Minnesota seems to be taking the business-friendly route. A 6% tax rate would undercut Iowa and Nevada’s sports betting tax rates, making Minnesota’s the lowest in the country.

All that tax money would go into the state’s general fund. From there, 0.5% of that sports betting money would go to a special fund. This special fund helps the National Council on Problem Gambling’s state affiliate address problem gambling in Minnesota. Tax revenue has been projected to be $40-50 million, which would direct $200,000-250,000 to address problem gambling.

Cash Reserves

Most states set cash reserve requirements for licensed sportsbooks. It ensures sportsbooks don’t run out of money to pay their bettors. Bills often make sportsbooks choose the larger of:

• A set dollar amount.
• A sum of different cash amounts and payment obligations.

Minnesota does that too. However, its hard number is low. In this bill, sportsbooks must have cash on hand equal to whichever is bigger:

New Sports Betting Law

• The sum of three different cash amounts from sportsbook users.
• $25,000.

It’s unclear why that initial estimate is so low. Other states have set their cash threshold at six-figure numbers. How lawmakers can project $40 million in tax revenue and think that $25,000 had a chance of satisfying the cash reserve requirement is also strange. The sum of sportsbook obligations and bettor accounts will always be larger than that. If the bill survives committee, expect the required cash floor to increase.

Exclusion List

Every state has an exclusion list. It’s a list of bettors who aren’t allowed to wager at sportsbooks and casinos. It’s a potent check on problem gambling and a vital resource for problem gamblers. But once again, Minnesota’s sports betting bill has put its own spin on a common bill feature. Here are the two types of people who can be added to the exclusion list:

• “Persons who have themselves requested to be on the exclusion list.”
• “Persons whose names have been submitted, for their own protection, by their legal guardians.”

The first type makes sense. The second is unusual to name. This is either an outsized concern about underage betting or a license for Minnesota conservators to add the people they have power of attorney for. While the intentions seem good, it’s odd to specify that legal guardians can make this decision. If they already have power of attorney, they should be able to add those under their care to the exclusion list, anyway.

Whatever the reason, Minnesota’s sports betting bill is truly its own.

Why Minnesota’s Sports Betting Bill Won’t Pass

Minnesota sports betting will fail this time for the same reason it failed in 2019. Lawmakers want to allow their racetracks and tribal casinos to host sportsbooks, and Minnesota’s tribes won’t allow it. Any off-reservation gambling takes business from tribal casinos.

That business is critical to tribal economic well-being. Most of their money comes from gambling, so they won’t budge on this issue. Here’s what tribal gaming funds in Minnesota:

An identical chart can be found on the Minnesota Indian Gaming Association website. It’s their chart. It’s what gambling funds, and it’s why Minnesota will struggle to deliver a sports betting bill to the governor’s desk.

Theoretically, lawmakers could limit sports betting to tribal casinos. A bill could limit mobile sports betting to tribal lands, too. But that’s unlikely. Minnesota tribes don’t pay state taxes on income earned on tribal lands. A non-tribal government won’t create a new industry that won’t profit non-tribal Minnesotans. The Minnesota legislature and Minnesota tribes are all but certain to remain gridlocked.

Mobile sports betting is now live in New Hampshire with DraftKings being the first, and only, sports betting app to launch in December 2019.

New Hampshire has officially legalized sports betting in July 2019.

Governor Chris Sununu has signed the sports betting bill into law after members of the New Hampshire House have voted on the approval of the legislation of the H 480 bill. Several amendments were made to the original bill, which included allowing multiple operators – mobile operators are capped at 5 and land-based operators at 10. NH Sports betting will be regulated by the New Hampshire Lottery Commission.

New Sports Betting Site

This allowed a number of sports bookies and betting operators to conduct business in the state, however, DraftKings has been chosen as its sole retail and mobile sports betting operator. Below we’ll go over some good things in our sports betting guide for you to know about all the latest developments to create legal sports betting in New Hampshire.

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Photo by Craig Michaud. This is MerchantsAuto.com Stadium in Manchester, New Hampshire. Home of the New Hampshire Fisher cats.

DraftKings now offers mobile and retail sports betting in New Hampshire

After sports betting was legalized in July 2019, the NH State Lottery invited operators to place bids on what they could potentially offer in terms of land-based, mobile and lottery betting.

DraftKings has been selected by the State Lottery to be the sole sports betting (retail and mobile) operator in the state. The Lottery Commission had the possibility of choosing up to 5 operators, but decided to go with DraftKings only after the company offered to pay them 51% of the revenue if it was chosen as the sole operating agent. Intralot was chosen to provide a parlay style lottery product.

The Boston-based company is already well-known for Fantasy Sports across the US, but has recently moved into sports betting with online and mobile platforms available in NJ, PA, WV and IA. From December 2019, the DraftKings sports betting app is also available for download in the Granite State.

New Sports Betting States

The contract with the NH State lottery requires DraftKings top open at least 4 retail sports betting locations and could include up to 10. Six different cities have approved venues for retail sportsbooks, which should see the day sometime in 2020.

NH Legal Sports Betting Overview

Until now, NH online sports betting was mostly illegal in the state of New Hampshire with the exception of New Hampshire Online Horse Betting and fantasy sports. However, the H 480 bill regulating sports betting has been signed by the governor making sports betting legal in the Granite State.

The house sponsor of the bill, Rep. Timothy Lang, a Republican, had asked the Senate Committee on Ways and Means to make two amendments to the bill that was originally passed by this chamber. The first of the two amendments that Rep. Lang asked for was to remove a cap on land-based casinos and sports bookies (currently set at 10). Secondly, he asked for it to be prohibited for in-game betting to be available at retail locations. In the end, the bill passed with the following conditions: mobile sports betting operators are capped at 5, while retail sportsbooks are capped at 10. This is less than what was expected, but already a good start.

The NH Lottery will create a Division of Sports Wagering and become the regulator of sports betting in the state. The legal gambling age in the state will be of 18 or older. Similarly to other states that have legalized sports betting, wagering on NH collegiate teams and collegiate games taking place in the state will be prohibited.

The sportsbook will have to negotiate their own terms with the New Hampshire Lottery. Remote registrations and online in-play betting will be permitted.

Now, it is only a matter of time before the first sportsbooks launch in the state. The launches are planned in time for the Superbowl, but let’s hope there will be some updated beforehand.

You can also read more about NH Casinos and what type of gambling is currently available.

NH Online Sportsbooks

So now that the bill for legal NH Online Sportsbooks is signed, which of the best online sports betting apps are likely to start operating? It is likely that some of the biggest names in legal online sports betting will come to New Hampshire with up to 10 operators expected to create online sports betting apps. For now there are just a couple that are available for horse race betting. Let’s go over a few of those.

TVG

The sports operator TVG is one of the best for placing bets on horse racing around. They have been in New Hampshire for a while (where horse race gambling has been legal since 1978), and currently offer new users a $20 free play welcome bonus, as well as offering a 100% match on initial bids up to $100.

BetAmerica

BetAmerica is another one of the NH online sportsbooks that currently allow legal online betting for horse racing. They offer iOS and Android Apps, live streaming and handicapping tools.

TwinSpires

Lastly, one of the lesser-known, but still very popular betting operators for legal sports betting in New Hampshire is TwinSpires. As with BetAmerica and TVG, TwinSpires only has horse racing available for legal online betting at this moment in time.

NH Online Sports Betting Apps

Although the State Lottery had the possibility of choosing up to 5 operators to offer sports betting apps in the state, they have decided to only pick one: DraftKings.

Luckily, DraftKings is an industry leader and already offers a great product in other states where online and mobile sports betting is legal. Therefore, we can expect a quality sports betting app with a good interface, market coverage, betting lines and live options.

DraftKings Sportsbook App

Sports Betting New York

The Draftkings App launched in New Hampshire in December 2019. Governor Chris Sununu placed his first bet with the app – $82 on the Patriots winning the Superbowl.

Now, anyone over the age of 21 within the limits of the state can download the DraftKings app, create an account and start betting on their favorite sports.

NH Online Fantasy Sports Betting

At present, there are a couple of operators that provide users with online fantasy sports betting in New Hampshire. Fantasy sports betting has been allowed in New Hampshire since 2017, after the HB 580 law was signed and put into place. This law allowed major daily fantasy sites already in operation the legal clarity and a level of consumer safety and security that did not exist when they were unregulated. In order to bet on fantasy sports in New Hampshire, you have to be at least 18 years of age. Let’s take a quick look at a couple of fantasy betting operators that are currently legal and in operation in New Hampshire:

Monkey Knife Fight

This is one of the latest operators to join the Daily Fantasy scene. Monkey Knife Fight offers a range of prop games, based on players’ statistics. Currently, you can claim a $50 site credit bonus with the Monkey Knife Fight Promo Code.

FanDuel

Sports Betting Odds

FanDuel is one of the most popular platforms for people looking for the best online sports betting apps. At present, they are offering new users who create and register an account up to 4 free entries into fantasy sports contests. FanDuel offers users the opportunity to bet on a variety of fantasy sports including basketball, football, soccer, and more!

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DraftKings

Another popular platform is DraftKings. They are currently offering new users who sign up and activate an account 1 free contest entry. Similar to FanDuel, you can also bet on a number of different fantasy sports through DraftKings online sports betting platform. Sign up and take advantage of this great welcome offer today!

Online Sports Betting in Other States: