Increase dollar limits related to play on video lottery machines.
By raising the limits on wagers and potential payouts, HB 1138 could alter the landscape of video lottery operations within South Dakota. Advocates of the bill suggest that the changes could attract more players to video lottery machines, thus increasing overall gaming revenue. This additional revenue could benefit the state's budget, particularly in areas such as education and infrastructure funding, where portions of gaming revenues are typically allocated. However, concerns have been expressed regarding the potential for increased gambling-related issues as a result of these changes.
House Bill 1138 aims to amend existing laws regarding the operation of video lottery machines in South Dakota. The primary focus of the bill is to increase the maximum amount of money that can be wagered per game from two dollars to four dollars and to raise the cap on awards from one thousand dollars to five thousand dollars per bet. This adjustment is intended to enhance the potential payout for users and is positioned as a way to stimulate the local gaming industry, which some argue can lead to increased state revenue.
Discussion surrounding HB 1138 has resulted in notable contention both in support and opposition to the bill. Supporters argue that the increased limits will encourage a more robust gaming environment, bringing in tourists and generating additional funds for the state. On the other hand, opponents caution that such changes may lead to negative social consequences, including higher addiction rates and financial strain on vulnerable populations. Critics have also pointed out that increasing gambling limits may go against the moral stance that some legislators hold regarding gambling as a whole.