Sports Betting News
During the last two years, a number of US states have started to take steps towards legal sports betting. Many states have started to conduct impact studies and some states have even started to negotiate with stakeholders. Some bills have a better chance of becoming law than others. There are still a few states that are in the dark about the future of sports betting.
Sports betting was illegal in Kansas until recently, when Governor Laura Kelly signed SB84 into law. This bill will allow Kansas residents to bet on sports in person and on their mobile phones. It will also allow Kansas retailers to partner with up to three online sportsbooks. Retail sports betting should be launched by late 2023.
Sports betting is also legal in New Jersey, where there are already 21 online sportsbooks. The online sportsbooks have a strong mix of markets, live streaming, promotions and more. The online sportsbooks also offer daily fantasy sports. Some of the most famous sportsbooks in the US are FanDuel and BetMGM.
Sports Betting News From the States
New Jersey is the third state to legalize sports betting. This state has a long history of sports betting, and sports betting news stories in New Jersey often focus on how legal betting can affect the future of sports. Currently, New Jersey ranks at the top of all states with a handle of $10.9 million. New Jersey has one of the largest markets, but the state’s laws prohibit betting on in-state college teams.
Indiana’s laws allow over 40 online sportsbooks. This state is known for its Indianapolis Colts, which are perennial NBA and NFL contenders. Bettors can place in-person bets in Indiana. In addition to the Indianapolis Colts, Indiana has a strong WNBA team, the Indiana Fever. They have made the playoffs consistently over the past few years.
Maine has also passed legislation allowing for statewide mobile wagering. Although the bill passed the house, it failed to reach the Senate. Despite this, lawmakers in Maine passed a bill in 2022 that would allow for legal sports betting. There was also a bill in Vermont, but the bill did not reach the Senate.
The sports betting news in California is a little more complicated, but it’s not impossible to imagine sports betting coming to the state in 2023. California has long been considered one of the most sports-crazy states in the country, and there are already several influential gaming tribes that promote a plan that will only allow sports betting to take place at tribal casinos. These influential tribes also pushed for a bill that would give native tribes exclusive rights to the sports betting market. However, after the Senate amended the bill, the bill was defeated.
Oregon’s lottery has moved slowly to avoid legislative opposition. They didn’t want to have to wait for new legislation before proceeding with their sports betting plans. However, a new Senate amendment could affect online sports betting. This amendment was proposed by Senator Chuck Riley.