Gambling-Related Bills in US Legislatures in October
Four state legislatures are still in session going into the fourth quarter of 2024. Eleven gambling-related bills are in various phases of the lawmaking process. The Michigan State Legislature passed four bills into law in October, with two bills approved by the first legislative body of origin.
According to the best pay per head sportsbook, several bills became law in New York, Pennsylvania, and Michigan. In addition, lawmakers introduced bills in New Jersey, Washington DC, and Alabama.
Gambling-Related Bills in New York and Michigan
The Racing, Pari-mutuel Wagering, and Breeding Law Amendment, or AB 1118, mandates that all gambling and sports betting commercials contain health warnings about gaming’s detrimental and addictive nature. The Act also mandates that the state gaming commission work with the commissioner of addiction services and support to ensure that all gaming-related promotions include a problem gambling hotline number.
According to pay per head reviews and news sites, all rules and regulations required to execute this Act may be added to, amended, or repealed before its effective date or sixty days after it is declared law.
B 931 modifies the Compulsive Gaming Prevention Act of 1997, which modifies Michigan Compiled Laws, Section 3 (MCL 432.253), developed inside the Michigan Department of Treasury. The Act identifies funding sources for several state initiatives.
In addition, this law states that a part of the compulsive gaming prevention fund can be given to the domestic and sexual violence prevention and treatment board every year, with the rest going toward programs that help people with gambling disorders and their families, as well as funding a toll-free hotline for those in need.
Horse Racing and iGaming Bills
The State Horse Racing Commission and reforms to the racehorse business are the main subjects of HB 2561. It is an act that revises 3 Pa. Cons. Stat. § 9311(h)(3). According to the amendment, a temporary rule is one that the commission issues and that does not expire for six years after publication. Several sections of the Commonwealth Attorneys Act, the Regulatory Review Act, the Commonwealth Documents Law, and the Temporary Regulations Law do not apply to these rules. The Act becomes law promptly.
According to a political news forum, SB 934 established the Internet Gaming Fund by changing the Lawful Internet Gaming Act, Section 16 (MCL 432.316). The new statute gives the State Treasurer the power to invest the funds and receive any assets needed to fill them.
The Michigan Gaming Control Board has been officially named the fund’s administrator for auditing reasons. These expenditures are under the following statutes: the Lawful Internet Gaming Act, the Traxler-McCauley-Law-Bowman Bingo Act, and the Millionaire Party Activity.
Specifically, Senate Bill 926 modifies Michigan Compiled Laws (MCL 432.41) regarding gaming and the state lottery fund in Michigan. Spending on the compulsive gaming prevention fund is one area where the Act alters the allocation of state lottery revenues. The Compulsive Gaming Prevention Act, §3 (MCL 432.253), establishes a fund to discourage compulsive gaming, and it mandates that 10% of the state lottery advertising budget, and no more than $2,000,000.00, must be paid into this fund annually.
The statute covers issues such as establishing and administrating the state lottery fund, handling funds received from joint ventures, applying for lottery prize money, distributing newly collected funds, and the state treasurer’s investing powers.