Nebraska Advances Online Sports Betting Proposal – iGaming Post

Nebraska

Nebraska is at a pivotal crossroads in its gambling landscape, with lawmakers actively pursuing the potential legalization of online sports betting. This transformative initiative could significantly reshape the state’s gaming industry, currently progressing through the legislative framework. It requires further approvals before being placed on the 2026 general election ballot for voters to decide.

On April 14, the Nebraska unicameral legislature marked a critical milestone by passing Legislative Resolution 20CA. Introduced by State Senator Eliot Bostar from Lincoln, the measure received a favorable vote of 27-16. Notably, six lawmakers abstained from voting, reflecting the ongoing debate surrounding this issue. To secure a place on the ballot, this proposal must navigate through two additional legislative stages, ultimately needing a total of 30 votes in its final reading.

Key Details of the Proposal

• Partnerships with Online Sportsbooks: If approved, the resolution would permit Nebraska’s six licensed casinos and racetracks to form partnerships with one online sportsbook each. This collaboration aims to enhance mobile betting options, providing convenience and accessibility to Nebraska residents.
• Projected Revenue: Senator Bostar has estimated that the initiative could yield up to $32 million annually in new tax revenue, primarily designated for property tax relief, thereby directly benefiting local residents.

Senator Bostar underscored the importance of allowing Nebraska voters to have a decisive say in their gambling regulations, stating, “Your green vote today empowers the voters of Nebraska to make a decision for themselves.” This resolution seeks not only to introduce mobile sports betting but also aims to ensure that the legislature retains regulatory authority over the framework that governs this new landscape.

Next Steps in the Legislative Process

Following its initial passage, the resolution will enter the Enrollment and Review Initial stage for further examination. This will be followed by the Select File stage, concluding with a final reading where lawmakers will cast their votes once more.

Despite the momentum gained, the proposal faces substantial opposition. Detractors have expressed concerns regarding the possible social ramifications of expanded gambling, particularly its effects on younger demographics, including college-age students. During a public hearing in March, the opposition testimony overwhelmingly outnumbered supportive voices by a staggering ratio of 51 to 3.

• Criticism from Lawmakers: Senator Brad von Gillern, a prominent critic of the proposal, cautioned against the belief that property tax relief comes without consequences, stating, “This does not come for free. We cannot gamble the lives of our young people away.”

Budget Considerations

As Nebraska navigates a projected budget shortfall of $289 million, the discussions surrounding online sports betting become increasingly complex. Senators Robert Clements and von Gillern, who chair the Appropriations and Revenue committees, have voiced their opposition to the measure, emphasizing that financial strain does not justify potential social costs.

In conclusion, as Nebraska stands on the brink of a significant transformation within its gambling framework, the outcome of Legislative Resolution 20CA will be pivotal not only for the state’s economy but also for the social landscape. Stakeholders and voters alike will be closely monitoring this crucial legislative process, as its implications could resonate for years to come.