“Sports betting is happening now in the state. It is just on illegal platforms and with bookies down the street.”
Frank Sizemore of the Sports Betting Alliance. Sizemore, speaking before an Oklahoma Senate panel on the potential legalization of sports betting, told lawmakers that Oklahoma is losing millions in untaxed revenue to illegal gambling and neighboring states where sports wagering is already legal. He argued that regulation would curb black-market activity and generate new state revenue, noting that legal sports betting is now allowed in 39 states and taxed at an average rate of 16 percent. (Oklahoma Voice)