Allow an authorized gaming operator to conduct sports wagering by means of an online sports wagering platform under the Nebraska Racetrack Gaming Act, change the distribution of taxes collected from sports wagering, and change requirements relating to proposals for constitutional amendments submitted by the Legislature

This bill authorizes licensed racetracks in Nebraska to offer sports betting through online platforms, allowing residents to place wagers via the internet. It defines specific rules for what types of sporting events can be bet on, such as professional and international games, while explicitly excluding in-state college teams, high school events, and fantasy sports contests. The legislation also outlines restrictions on who can participate, prohibiting athletes, coaches, and officials from betting on events they are involved in to maintain integrity. Additionally, the bill adjusts how taxes collected from sports wagering are distributed and modifies requirements for submitting constitutional amendment proposals.