With betting in Deadwood on the horizon, new rules for sports betting in South Dakota were approved on Tuesday.
The South Dakota Commission on Gaming approved a new set of regulations. It is the next step as SD prepares to launch betting in Deadwood later this year.
Gov. Kristi Noem signed SB 44 into law March 18 after legislators moved quickly to enact the wishes of South Dakota voters from November 2020. The law goes into effect July 1.
Previously, September 1 had been stated as a target to launch sports betting in SD.
New South Dakota sports betting rules
Perhaps the most important adopted rule was adding sports wagering to the list of authorized gaming in Deadwood. The rules do not take effect until July 1.
There is also now a $5,000 application fee for SD betting service providers. Applications for sports betting in Deadwood will open Friday, with approvals starting July 1.
Also approved was a proposed rule to deduct promotional spending and federal excise tax from reported revenue figures.
Physical space rules in Deadwood
Many of the rules added in South Dakota include additional reporting requirements and adding betting equipment to inspection language.
Another rule prohibits licensees from wagering on sports.
Surveillance also received an overhaul, as the casinos are to switch from videotape surveillance to digital, while also monitoring sports wagering areas.
Read the full story at Legal Sports Report.