Oklahoma Governor pitches sports betting plan prior to legislative meeting

November 3, 2023
By

His proposal could generate 20% revenue for the state.

Oklahoma Governor, Kevin Stitt, has announced a plan to 'create a path' for statewide sports wagering, according to a local report in The Oklahoman. Experts claim the plan might not fall in line with the State’s gaming compact with local Tribes, the report said.

Stitt said that he wants the state to license operations for mobile sports wagering, which would result in a 20% revenue tax. The Governor also noted that he would 'support tribal casinos by adding sports betting in exchange for 15%.'

In a written statement, Stitt pointed out the potential for a steady stream of revenue by going this route.

He commented, "35 states have already legalized sports betting and it’ll be a great revenue stream for the state.”

During the past several months, Stitt and the Oklahoma Tribes have been at odds. The controversy began when the Governor failed to renegotiate the compacts in 2019, claiming voter-approved deals from 2004 had expired. The negotiation pushed for the state to gain larger shares of the Tribes’ gaming revenue.

This resulted in a legal battle, which started after several Tribes, including the Cherokee, Chickasaw, Citizen Potawatomi and Choctaw Nations were sued in Washington’s federal District Court because of Stitt’s compacts with the Comanche Nation, the Otoe-Missouria, the Kialegee Tribal Town and the United Keetoowah Band of Cherokee Indians.

A federal judge later automatically renewed the compacts, siding with Tribal leadership. Stitt later hired private law firms in the suit, racking up close to $600,000 in legal fees.

The Oklahoma state legislature is scheduled to meet next week to review current Tribal compacts on the books, according to the local report. Lawmakers are set to discuss who can legally negotiate agreement with local Tribes during the session.

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.