The future of sports betting in the U.S. is likely to be directly related to Native American gaming interests because of their prominence nationally and because of their significant tax payments to state governments in heavily populated states.
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Sports betting is not enough — Florida Senate President Bill Galvano wants to tee up a farther-reaching gambling bill for the 2019 Legislative Session
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The state of New York appears to be pushing towards sports betting as fast as it can. When it comes to online sports betting however, they make want to check the latest polls before they go too far too soon.
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Rhode Island’s proposed venture into online sports gambling sped through the state Senate Wednesday despite concerns it will contribute to problem gambling and create a monopoly ultimately costing the state money.
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Colorado sports gambling could ring up $361 million in revenue by 2023, according to a market analysis paid for by the owners of the state’s lone horse track in Aurora.
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As sports betting quickly spreads throughout the U.S., each state is trying to get in on the game before they lose their share of the pot. Maryland is now looking to take a shortcut to the action, with House Bill 1132.
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Sports betting might be coming to Arizona, but the wait will be a little longer than expected. The discussion of SB 1158, a sports betting bill first introduced on Jan. 23, was postponed Thursday at the Arizona Senate to a date to be determined later.
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SB 44 would enable consumers to bet in-person on licensed excursion boats and also online via an interactive platform, with a requirement to first register in-person.
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A government committee in South Dakota recently approved a sports gambling bill by a narrow 5-4 margin. The bill, Senate Joint Resolution 2, goes next to the Senate floor and gaming operators in the state are anxiously watching to see how the legislative piece progresses.
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By December, more than 75% of the sports betting handle in the legal New Jersey market came from online and mobile wagers statewide, underscoring the shift to mobile as gaming operators continue to roll out new apps.
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Lottery executives across the country have universally condemned a U.S. Department of Justice guidance that dramatically expands what the federal government views as betting across the internet in violation of the federal Wire Act.
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The Department of Justice reversal of the Wire Act has caused uproar in New Jersey, delays in PA and utimately could be a death sentence for lotteries and fantasy sports in the United States.
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