Passed One ChamberFiled Feb 4, 2026
Sponsor: Beidle
Latest Action
In the House - Hearing 4/02 at 1:00 p.m.
Apr 2, 2026
Summary
The bill redefines “own” to require at least a 5% beneficial interest and excludes small, non‑voting stakes of 25% or less. It applies to anyone applying for, operating, or controlling a video lottery or sports wagering facility. The change aims to clarify ownership thresholds for licensing and disqualification decisions.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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