Sports betting was legalized in Montana in May 2019 after Gov. Steve Bullock signed bill H725 into law, authorizing the state lottery to run licensed betting activities. Sports Bet Montana officially launched in May 2020.
What is the current tax rate?
Licensed vendors will receive 6% commission on the value of every ticket sold for sports betting, although stakeholders have likened this to an equivalent of a 70%+ tax on GGR and essentially anti-competitive