Oklahoma Gov. Kevin Stitt announced last Thursday his intent to push for sports betting legislation during the 2024 legislative session.
During his announcement, Stitt rolled out a plan that would bring retail sports betting to facilities operated by local tribes. It would also allow Oklahomans to participate in mobile sports betting with commercial sportsbooks licensed and regulated by the state.
Retail sports betting would be taxed at a 15% rate, and online sports betting would be taxed at a 20% rate. Online sportsbooks would also need to pay $500,000 for initial licensing and a $100,000 yearly renewal fee.