Senate gives West Virginia sports wagering bill the thumbs up

Senate gives West Virginia sports wagering bill the thumbs up

A bill seeking to legalize sports wagering in West Virginia sailed smoothly through the state Senate.

On Tuesday, the Associated Press reported that West Virginia senators approved the state Lottery Commission-backed SB 415, which would allow wagering on both professional and collegiate Senate gives West Virginia sports wagering bill the thumbs upsporting contests in the event that the U.S. Supreme Court lifts the federal ban on sports betting.

In a 25-9 vote, the state senators decided to send SB 415 to the House of Delegates for consideration.

SB 415 would give the West Virginia Lottery Commission the authority to regulate sports betting in the state, including the authorization of online and mobile betting. The legislation requires that players be older than 20.

The bill would permit the state’s five gaming facilities to offer sports betting, provided they obtain a five-year, sports betting operator license at a cost of up to $100,000 and pay 10 percent tax on their gross betting revenue.

Senate Finance Chairman Craig Blair, R-Berkeley, pointed out that the bill “gives casinos one more tool to be able to provide entertainment.” He added that the bill would make the state more competitive as neighboring states mull similar legislation.

The senators estimated that West Virginia might rake in some $5 million in revenue in its first year. Democratic Senator Michael Romano, who voted against the bill, believed that West Virginia deserved more than $5 million.

Romano’s fellow Democratic Senator Mike Woelfel, on the other hand, noted that sports betting, particularly mobile wagering, was a stream of potential revenue that the state couldn’t ignore, especially after seeing people using their mobile phone to place bets during the Super Bowl.

Later this year, the Supreme Court will hand down its decision on whether to overturn the federal Professional and Amateur Sports Protection Act (PASPA) of 1992, which limits single-game sports betting to the state of Nevada.

The push for legal sports betting in the United States received a boost during an early December hearing after a majority of the Supreme Court justices appeared to agree with New Jersey that PASPA violates the U.S. Constitution’s protection of state’s rights.