Sports betting authorized if conducted by a horse racing track or Indian Tribe, certain tax required to be imposed on sports betting, and constitutional amendment proposed.

This bill proposes a constitutional amendment to legalize sports betting in Minnesota, but only if conducted by federally recognized Indian tribes under existing gaming compacts or by state-licensed horse racing tracks. It would require a 20% tax on wagers (minus winnings) and mandate that revenues be split equally to fund substance use disorder programs, local charitable organizations supported by gambling donations, horse racing purses, and the state general fund. The amendment must be approved by voters in the 2026 general election. If passed, it would establish the first legal framework for sports betting in Minnesota under these specific conditions.