Latest News

Montana Lottery Reveals Proposed Sports Betting Rules for Public Consultation

Montana Lottery Reveals Proposed Sports Betting Rules for Public ConsultationReading Time: 1 minute

 

The Montana lottery has released its draft sports wagering regulations for public comment. The lottery is planning to launch legal sports wagering by the end of 2019.

The draft regulations state that sports wagering may be offered, “whenever the director, with the commission’s concurrence, finds it feasible and in the state’s best interest.”

“The sports wagering law passed in May and we’ve been working hard ever since to build something Montanans will be excited about. We’ve got a lot to share with Montanans, but the first step is making sure their voices are heard as we move forward,” lottery director Angela Wong said.

The new draft regulations to be put in place would allow for anonymous retail sports betting, in order to “allow persons who are new to sports wagering the ability to experience sports betting without providing personal information.” However, all mobile wagering must be account-based, and retail players will still have to verify their identity before they can bet.

The regulations also provide for a voluntary self-exclusion programme, as well as the option to set personal deposit, spending and time limits. Players must be aged 18 or above to place a bet. Under the regulations, any accounts which do not place a bet for 18 months must be closed.

The public consultation period will be open for at least 30 days, with a public hearing scheduled for October 28.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Montana Lottery Reveals Proposed Sports Betting Rules for Public Consultation

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

Related Posts

Load More Posts Loading...No More Posts.

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.