"The Alabama House of Representatives voted on Thursday in favor of advancing two betting bills that could bring a new state lottery, more retail casinos, and the best sports betting sites to the state. Alabama is one of five U.S. states without a state lottery.

House Bill 151 and House Bill 152 made it through by a 70-32 vote and 67-31 vote, respectively, bringing the best sports betting apps closer to being available in Alabama than they've ever been before.

House Bill 151 would require a constitutional amendment, which would need to be approved by three-fifths of legislators in the state before voters of Alabama have the ultimate say. Under Bill 151, 10 of the best mobile casinos would be legalized, along with the best sportsbooks and lottery bingo.

It also would allow sporting venues in the state to acquire a three-day sports wagering license to offer sports betting during their event. That venue would have to seat 60,000 or more spectators.

Bill 152 dives a little deeper into what a legal gambling platform would look like in Alabama. It encompasses lottery, casinos, and sports betting, as well as the creation of an Alabama Gaming Commission that would oversee regulation, taxation, and licensing for the state's industry.

Casinos would be taxed at 24% of net gaming revenue and 95% of total gaming revenue while sports betting would be taxed at 17% of net gaming revenue."


Read the full story here: Alabama Gambling Bills Move Forward, Legal Sports Betting on Horizon (sportsbookreview.com)