The Several More States Could Soon Change Sports Betting Laws
Nearly 30 of the 50 states in the country have legalized some form of sports gambling.
The Professional and Amateur Sports Protection Act of 1992 (PASPA) previously disallowed sports betting to take place in most parts of the United States. But that all changed in May 2018, when the Supreme Court of the United States ruled that the PASPA violated the nation’s Tenth Amendment.
This paved the way for all U.S. states to legalize mobile/online betting if they so desired. New Jersey, Delaware and Mississippi moved quickly towards legalizing it after the ruling. Through May of this year, 28 U.S. states have legalized a form of it.
That number stands to grow very soon, and the number of sports bettors in the country stands to greatly increase as expected launches like the state of Arkansas Will come with promo codes for new customers.
Currently, Arkansas only allows in-person betting, so residents of the state cannot place wagers on the state’s college sports teams yet. The hope is that mobile/online gambling will soon launch in Arkansas. If that happens, major sportsbooks like FanDuel, DraftKings and BetMGM will likely arrive in Arkansas. Some of these companies even offer risk-free bets and special customers to new customers.
While residents of “The Natural State” await the launch of full sports betting, other U.S. states that have no form of legalized sports gambling could soon join the party.
There is hope that the state of Maryland will also launch sports betting before the Baltimore Ravens’ 2022 season kicks off.
John Harbaugh’s group will open up their season against the New York Jets on Sept. 11 (1:00 p.m. EST),. The Ravens and the BetMGM sportsbook reached an agreement on a partnership in May of last year. But only time will tell if the state of Maryland ends up launching it on time.
The state of Kansas is also seemingly getting near the finish line in legalizing mobile sports betting. The hope is that it will launch before the Kansas City Chiefs open up their 2022 season against the Arizona Cardinals (Sept. 11 at 4:25 p.m. EST).
If it launches, the likes of FanDuel, DraftKings, Caesars, PointsBet, BetMGM and FOX Bet are widely expected to go live in Kansas.
California, the most populated state in America, may also launch sports betting in the not-so-distant future. Residents of the state will be voting on the ballot in November, and if it launches in “The Golden State?” It promises to be a giant game-changer, considering the plethora of professional and college sports franchises.
New York & Louisiana Have Reaped Rewards Since Launching Sports Betting In 2022
The states of New York and Louisiana launched sports betting this year. Needless to say, both states have reaped the rewards early.
Earlier this month, The Empire State surpassed the $6 billion mark in mobile sports wagers. With three NFL teams, three NHL teams, two NBA teams and two MLB teams, New York sports fans have a wide range of betting options.
In fact, sports betting was only a month old in New York when Gov. Kathy Hochul announced in February that the state had taken in close to $2 billion in sports wagers.
Keep in mind that mobile/online sports betting only launched in January of this year — with the NFL entering its final month of the season and the Nets, Knicks, Rangers, Sabres and Islanders in the midst of their 2021-22 campaigns.
This fall will mark the first in which New York football fans can bet on their favorite team through the state’s licensed sportsbooks. So the state of New York can expect massive growth in total revenue throughout the final quarter of 2022.
Louisiana has far less professional sports teams than New York. But sports betting has really taken off in the state, and it peaked three months ago thanks to the March Madness tournament.
The New Orleans Saints are the biggest pro sports team in the state of Louisiana. Like New York, “The Bayou State” can expect a giant growth in sports bets and revenue during the NFL season.
Furthermore, the Pelicans look to build off a promising 2021-22 season with a healthy Zion Williamson back in the fold. So expect the Pelicans to also be a major factor in the Louisiana sports betting industry.