Create the sports wagering act

Montana's LC 1915 creates a legal framework for regulated sports wagering, allowing both fantasy sports contests (with specific skill-based rules) and online sports betting through licensed operators. The bill establishes licensing requirements for operators, defines key terms like "online sports wagering account" and approved payment methods (including digital wallets and credit cards), and bans wagers on events with mostly under-18 athletes. It mandates that revenue from online sports wagering must be distributed to the state, with specific rules for handling funds and prohibiting certain wager types. This legislation directly affects Montana residents who can legally place bets, licensed sports wagering operators, and the state government through new revenue streams.