Maine's Governor Puts Sports Betting on Hold, Indiana Plans to Launch by September
According to a statement made by the Governor’s office, legislative document 552 was among 39 Mills decided to hold back, stating they need to be review more thoroughly.
In practice, this means these bills – including the sports betting proposal – have neither been signed, vetoed nor allowed to pass into law without the Governor’s signature, which was the case with the sports betting bill in Tennessee back in May.
Waiting for the New Legislative Session
Under the provisions of the state constitution, Governor Mills had to act on legislation within ten days or it would pass into law without her signature. However, as the legislature was adjourned on June 20, all the bills are now on hold until the start of the new legislative session in January next year.
Speaking about this decision, Mills said she planned to review the unsigned bill over the coming months. Only then will she make a final decision.
Mills stated the legislature had passed a significant number of bills this session, explained she took seriously her constitutional obligation to thoroughly review all of them, evaluate their implications, and decide whether they were in the best interest of Maine people.
She pointed out she would continue to review these bill and gather more information in order to meet that responsibility, and added she was looking forward to acting on them at the beginning of the next legislative session.
During the previous legislative session, Governor Mills signed a total if 606 bills into law, with 8 of them vetoed. 45 were allowed to go into effect without her signature.
The proposal, known as LD553, was approved by the state’s House and Senate after a last-minute push. It managed to get the final green light on June 20, the very last day of the legislative session.
Under the provisions of this piece of legislation, racetracks, off-track betting facilities, and commercial and tribal casinos will be allowed to offer sports betting, while mobile operators will not require a land-based partner to get a license. Licensees will pay a fee of $20,000, with a 10% tax on land-based wagering revenue. Tax on online wagering revenue is set at 16%. online.
In the Meantime
And while sports betting has suffered a setback in Maine, the regulators in Indiana are looking to launch sports betting by September, just in time for the new football season.
After wagering on sports was made legal back in May, the state issued regulations to speed up the whole process.
Commenting on this move, Indiana Governor Eric Holcomb said the new legislation would spur positive economic growth for the state and for an industry that employed more than 11,000 Hoosiers.
Governor Holcomb added it would bring in the new revenue and create hundreds of new jobs — both permanent and in construction.
Sports betting will be taxed at 9.5% of the adjusted gross, while a part of it will be provided for the treatment of problem gamblers.