Proposed Arkansas Bill Aims to Allow Colleges to Host 50/50 Raffles for NIL Funding
A new bill introduced in Arkansas, HB 1044, would allow colleges and universities to organize 50/50 raffles during sporting events to raise funds for their athletic programs. The bill, proposed by Republican Representative R.J. Hawk, would permit higher education institutions or affiliated nonprofit organizations to conduct raffles on game days.
Key Provisions of HB 1044
Under the proposed legislation:
- Half of the funds raised through the raffles would go to the winner, while the other half would benefit the school.
- Colleges could use the funds for scholarships, NIL (Name, Image, and Likeness) compensation for athletes, or general support of athletic programs.
- Participation would be limited to fans aged 18 and older.
Proponents argue that the bill would provide much-needed financial support for colleges in Arkansas, which struggle to compete with other states in NIL funding. Additionally, the 50/50 raffles would create a new revenue stream for athletic programs without requiring tax increases.
Controversies Surrounding HB 1044
One of the bill’s more contentious points is the exclusion of casinos from participating in the organization of these raffles.
Carlton Saffa, Chief Marketing Officer at Saracen Casino Resort, called this exclusion “foolish,” arguing that casinos have expertise in adhering to gaming regulations and could efficiently manage NIL raffles. He also contends that the bill places an unnecessary burden on colleges to handle the costs and logistics of running raffles.
However, supporters of the exclusion, including Representative Hawk, point to the Arkansas Constitution, which mandates that gambling must occur in physical venues. Hawk suggests that for casinos to participate in NIL raffles, they would need offices on university campuses—a scenario he deems impractical.
Hawk also emphasized that colleges would prefer to sell raffle tickets directly through their own websites rather than relying on third-party platforms, such as those operated by casinos.
The proposed 50/50 NIL raffles bill continues to generate debate. Supporters view it as a vital solution to help Arkansas colleges finance NIL programs, while critics argue that excluding casinos from participation is a missed opportunity for efficiency and expertise.
The fate of the bill now rests in the hands of the Arkansas legislature.
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