This week, new enabling law was proposed in Maine that, if passed, would make legal sports betting easier. Senator Louis Luchini introduced Senate Bill 1352 in the Main State Senate just over a year after Governor Janet Mills vetoed Bill LD 553, which also aimed to regulate sports betting.
Under the auspices of Maine’s Department of Public Safety Gambling Control Unit, the proposed bill calls for the state to be granted a sports wagering licence.
Sports betting permits will only be open to commercial racetracks, off-track betting centres, casino owners, and federally recognised tribes, according to the law, with one licence costing $20,000 per licensee.
Retail sales from land-based licences will be taxed at 10 percent, while smartphone earnings will be taxed at 16 percent. Betting on college games in your own jurisdiction would be prohibited.
Bill requires Governor Mills support
Though supporters of a legal sports betting industry in Maine would cheer the introduction of Bill 1352, Governor Mills must also approve it. Despite widespread enthusiasm for last year’s measure, she vetoed it because she believed it lacks knowledge of other states’ attempts to regulate sports betting.
At the time, she stated: “Before Maine joins the frenzy of states hungry to attract this market, I believe we need to examine the issue more clearly; better understand the evolving experiences of other states; and thoughtfully determine the best approach for Maine.
“That approach needs to balance the desire to suppress gambling activities now being conducted illegally and the need to protect youthful gamblers and those least able to absorb losses under a closely regulated scheme.”