{"id":856290,"date":"2025-06-17T22:13:49","date_gmt":"2025-06-18T03:13:49","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/17\/tax-rate-fees-regulator-at-issue-as-hawaii-sports-betting-bill-goes-to-conference\/"},"modified":"2025-06-17T22:13:49","modified_gmt":"2025-06-18T03:13:49","slug":"tax-rate-fees-regulator-at-issue-as-hawaii-sports-betting-bill-goes-to-conference","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/17\/tax-rate-fees-regulator-at-issue-as-hawaii-sports-betting-bill-goes-to-conference\/","title":{"rendered":"Tax rate, fees, regulator at issue as Hawaii sports betting bill goes to conference"},"content":{"rendered":"

A conference committee has about two weeks to come to an agreement.<\/strong><\/p>\n

\n

Hawaii\u2019s digital sports betting bill has hit a snag.\u00a0HB 1308<\/a>, which has made a\u00a0surprising march<\/a>\u00a0through the house and senate, is headed to conference committee after the house rejected an amended version passed by the senate on Friday.<\/p>\n

After moving through senate committees<\/a> with no tax rate or application fee, both were\u00a0added on the senate floor<\/a>. In addition, the regulator was changed in a senate committee and the department of law is now named.<\/p>\n

HB 1308 would allow for statewide\u00a0digital sports betting<\/a>\u00a0with a minimum of four platforms. There would be no retail locations.<\/p>\n

The bill initially had a 10% tax rate and a $250,000 application fee, but those were stripped in the house finance committee, where Representative Sue L Keohokapu-Lee Loy voiced concern that the application fee was too low.<\/p>\n

It \u201cappears rather low for an industry that makes billions of dollars\u201d, she said. \u201cI would love to see that licence fee go up exponentially.\u201d<\/p>\n

Tax revenue projection off?<\/h2>\n

There was also much discussion in the finance committee about the tax rate.\u00a0BetMGM<\/a>\u00a0head of government affairs Jeremy Limun suggested that tax revenue for Hawaii (population: 1.45 million) would range from $10 million-$20 million per year based on a 10% tax rate. Compared to states of a similar size, that projected tax revenue is high and the tax rate, at least per current trends, is low.<\/p>\n

While digital sports betting operators would embrace a 10% tax rate, the move of late has been higher rates to start as well as states proposing to raise their rates in the months and years after launch.<\/p>\n

Hawaii\u2019s legislative session is set to adjourn on 2 May.<\/p>\n

Read the full story here<\/a>.<\/p>\n

Casino Reports<\/a> is an independently-owned publication dedicated to covering the regulated US online
casino\/igaming industry, with news, features and original reporting on industry happenings, business, legislation, regulations and more.<\/p>\n<\/p><\/div>\n

iGB Freelance
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A conference committee has about two weeks to come to an agreement. Hawaii\u2019s digital sports betting bill has hit a snag.\u00a0HB 1308, which has made a\u00a0surprising march\u00a0through the house and senate, is headed to conference committee after the house rejected an amended version passed by the senate on Friday. After moving through senate committees with<\/p>\n","protected":false},"author":1,"featured_media":856291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22118,330],"tags":[9913,8156],"class_list":{"0":"post-856290","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-issue","8":"category-regulator","9":"tag-issue","10":"tag-regulator"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=856290"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/856290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/856291"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=856290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=856290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=856290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}