Minnesota is getting serious about sports betting now. The state Senate is scheduled to discuss Bill 1894 on March 7, which if passed, would introduce regulated sports wagering, both in casinos and on mobile phones.

The bill was put forward on February 28 by five senators, with four Republicans and one Democratic-Farmer-Labor party (a party unique to Minnesota, but generally affiliated with the democrats).

The bill is a thorough 13-page document, getting into specific regulations, taxation rules, and even zoning laws. Generally, though, it sets up casinos run by tribes, or racetracks, to offer sports betting, and then for customers to be able to use the internet or mobile devices to continue to do so at home. Only people over 18 would be able to participate, and only on professional or collegiate sports. It specifically also restricts wagering on virtual sports.

The tax laws aren’t too bad for a new market. Operators will pay 6.75% on net revenue, but it does not make clear how much a license would cost.