Oklahoma lawmakers are currently working to legalize sports betting in the state, with the support of local tribes and casinos. Pat Crofts, CEO of Muscogee Nation Gaming Enterprises, expressed the need for sports betting, stating that they have invested money in anticipation of its legalization and that customers inquire about it daily.
The Oklahoma Indian Gaming Association also supports the legalization of sports betting, stating that they will continue to monitor any bills related to tribal gaming. However, past attempts at legalizing sports betting have failed due to disagreements between the state and tribes on implementation.
Governor’s office confirmed that there are bills in legislation aiming to legalize sports betting, but they will only support bills that allow licenses for non-tribal entities as well. Neil Metz, an Economics professor at the University of Central Oklahoma, cautioned that sports betting may not generate as much revenue as expected and could lead to a decrease in tax revenue if people shift from table games to slots.
Overall, while there is support for legalizing sports betting in Oklahoma, there are still challenges to overcome in terms of regulation and taxation. The impact on tribes, casinos, and the state remains uncertain, but discussions are ongoing to reach a consensus on how to move forward with sports gambling in Oklahoma.
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