The coming Monday, Montana is scheduled to host a public hearing on the new sports gambling regulations.
The draft rules in Montana allow sports gambling at locations that are licensed to serve alcoholic beverages and have a gambling operator’s license. The draft law allows for betting on both college and professional sporting events.
The gambling facilities would host a mobile application or a gaming terminal to facilitate in-person betting.
According to the reports, about 1,400 locations in Montana could qualify to host sports gambling as per the current draft sports betting rules.
Montana Lottery is tasked with monitoring and supervising the state’s sports gambling laws approved by lawmakers earlier in the year.
The public hearing is scheduled to take place at the Montana lottery’s Helena headquarters. The deadline to suggest or comment on the draft laws is Nov.
The Montana Lottery is overseeing the sports betting law passed by state legislators earlier this year.
Legalized sports betting could be launched in Montana by year-end.
Earlier this year in May, Montana became the 10th US state to legalize sports betting when Governor Steve Bullock signed to bills – SB 25 and HB 725 – into law which called for legalizing sports betting in the state.
Sports betting operations in the state would be controlled by the Montana lottery and not private companies. The legal age for sports betting is 18 years. Montana is expecting a significant boost in gaming revenues by legalizing sports betting.