With bets Deadwood New rules for sports betting are on the horizon South Dakota were approved on Tuesday.
The South Dakota Gambling Commission approved a new set of rules. This is the next step as SD prepares to launch sports betting in Deadwood later this year.
Gov. Kristi Noem signed SB 44 into law March 18 after the legislature moved quickly to accommodate the wishes of the South Dakota voters November 2020. The law comes into force July 1.
Before, September 1 was specified as the target for the start of sports betting in SD.
New sports betting rules for South Dakota
Perhaps the most important rule was adding sports betting to the list of authorized games in Deadwood. The rules don’t come into effect until July 1st.
There is now one too $ 5,000 Registration fee for SD sports betting service providers. Applications for sports betting in Deadwood will open Fridaywith permits beginning July 1.
A proposed deduction rule was also approved Advertising spending and Federal excise tax from reported sales figures.
Physical space rules in Deadwood
Many of the rules added in South Dakota include additional reporting requirements and the addition of sports betting equipment to the inspection language.
Another rule prohibits licensees from betting on sports.
The surveillance has also been revised, as the casinos switch from video surveillance to digital and monitor sports betting at the same time.
More will follow in South Dakota
There is more to regulators to do before sports betting can start in South Dakota.
The rules set on Tuesday must be heard by the EU Legislative Provisional Rules Review Board on June 7th. The Gambling Commission will discuss further technical rules at a subsequent meeting July 1.
“We are on the right track to get sports betting up and running as quickly as possible,” said the commission’s lawyer Mike Shaw said during the meeting.
Details from the SD sports betting legislation
South Dakota lawmakers worked swiftly to get the state’s voters approved at that session. The senate passed the bill, 32-2, Before the House approved it 58-8.
Sports betting in SD is limited to the casinos in Deadwood. Despite a vague language in the legislation that could open the door to nationwide mobile betting, Deadwood Gaming Association managing Director Mike Rodman told PlayIA Geolocation technology ensures that the Deadwood rule is followed.
Since tribal casinos can legally offer the same games as commercial real estate, sports betting in South Dakota can also take place in the state 11 Tribal casinos.
South Dakota restrictions
Deadwood is a six hour drive from Sioux Falls, the most populous city in the state, most South Dakotans with no sports betting.
You could also travel further to the neighboring states. Sioux Falls is essentially on the border too Iowathat do not require personal registration or wagering. Wyoming legalized mobile sports betting this year, while personal sports betting in Nebraska seems likely to cross the finish line of this legislature.
South Dakota lawmakers also banned betting on high school sports, minor league sports, and colleges in South Dakota.