Efforts to legalize sports betting in Oklahoma are back on the table, as Senator Dave Rader introduced SB 125 last week, ahead of the 2025 legislative session.

The bill outlines a framework for both in-person and mobile sports betting, allowing wagers on the outcomes of sporting events and other non-animal racing events. However, horse racing and other animal-related wagers remain excluded.

The bill grants Oklahoma tribes the exclusive right to operate sports betting, provided they amend their existing gaming compacts with the state. These amendments must adhere to a model addendum included in the bill, ensuring consistency across agreements.

Tribes would pay the state based on their monthly net win (total wagers minus payouts and federal taxes): 5% on the first $5 million of net win.. 6% on the next $5 million. 7% on anything exceeding $10 million.