Oklahoma’s push to legalize sports betting took a major step forward this week. Two key bills—HB 1047 and HB 1011—have officially reached the Senate floor. These proposals aim to bring regulated sports wagering to the state, creating new revenue opportunities and expanding gaming options for residents.
HB 1047, sponsored by Rep. Ken Luttrell, would allow in-person and online sports betting through tribal gaming compacts. The bill has gained support from both tribal leaders and legislators. It passed the House with a strong majority earlier this month. Now, it heads to the Senate for further consideration.
Meanwhile, HB 1011 offers a different approach for some sports betting regulations. This bill would authorize sports betting exclusively at licensed racetracks and through approved online platforms. Although both bills share a common goal, they propose different regulatory frameworks and revenue-sharing models.
Importantly, the advancement of both bills marks a significant moment for Oklahoma. Lawmakers have debated sports betting legislation for years with little progress. Now, with growing support and pressure from neighboring states, momentum appears to be building.
Supporters and Detractors Weigh In on the Oklahoma Sports Betting Bills
Supporters argue that legal sports betting will keep Oklahoma competitive and reduce illegal wagering. Additionally, they believe it could generate millions in tax revenue each year from online sportsbook betting. Estimates vary, but experts project at least $10 million annually in state revenue from regulated betting.
However, not everyone agrees. Some lawmakers remain concerned about the social impact of expanded gambling. Others question how revenue would be distributed between the state and tribal partners. Rep. Luttrell collaborated with tribes and the Oklahoma Indian Gaming Association to develop the bills.As a result, the state could gain $14 million to $42 million in revenue.
That said, the bills face challenges because Gov. Kevin Stitt opposes their exclusion of his input in the process. Additionally, he disagrees with granting betting rights solely to tribes holding state compacts. These issues will likely dominate the Senate debate in the coming weeks.
Despite differences, both Oklahoma sports betting bills show a shared goal of entering the booming sports betting market. States like Kansas, Arkansas, and Colorado have already legalized similar measures, increasing pressure on Oklahoma to act.
As both HB 1047 and HB 1011 move forward, stakeholders from all sides are watching closely. The Senate’s decision could shape the future of sports betting in Oklahoma—and determine whether the state joins others in embracing this growing industry.