States That Have Sports Betting
Posted By admin On 01/04/22- States That Have Sports Bedding
- Sports Betting United States
- States That Are Legalizing Sports Betting
- Sports Betting In The Us
September 2020 produced record-breaking numbers for combined legal sports betting handle in the US. The nation’s 18 legal sports betting jurisdictions (17 states plus Washington D.C.) saw nearly $3 billion in wagers come in for September.
Sep 24, 2020 The Montana Lottery offers sports betting via kiosk at thousands of Lottery retailers throughout the state, but online/mobile sports betting is not legal there yet. According to a lottery spokesperson, between the March 9 launch and Sept. 24, bettors had wagered $6.2 million on SportsBetMontana and $5.43 million was paid out to winners, leaving. As of October 14, 2019, the states below offer sports betting or have passed legislation to allow sports betting, either in a casino or online. You do not need to be a resident of one of these states to place a bet, but you must be located in the state at the time you bet. That means placing a bet while on vacation is fair game. Sports betting is now legal in West Virginia, Mississippi, New Jersey, Pennsylvania, and Rhode Island. Nonetheless, while sports betting is illegal in a large portion of the U.S., this doesn’t get you off the hook of paying taxes.
The return of NFL and NCAA football bolstered the surging US sports betting industry to its biggest month yet. Since the overturn of the Professional and Amateur Sports Protection Act (PASPA) in May 2018, legal sports betting in the US shows an upward trend with seemingly no sign of a slowdown in sight.
Six US states brought in more than $200 million in betting handle for Septemeber:
September 2020 Sports Betting Handle
| Overall Betting Handle | Mobile Betting Handle | % Handle From Mobile | |
|---|---|---|---|
| New Jersey | $748,588,349 | $678,745,374 | 91% |
| Nevada | $575,069,930 | $315,472,779 | 55% |
| Pennsylvania | $462,787,394 | $414,100,359 | 89% |
| Illinois | $285,240,209 | $264,448,304 | 93% |
| Colorado | $207,655,942 | $203,882,793 | 98% |
| Indiana | $207,450,106 | $167,323,391 | 81% |
1. New Jersey ($748,588,349)
Powered by the biggest mobile sports betting market in the nation, New Jersey has topped the overall sports betting handle list every month for 2020. Since introducing sports betting shortly after the fall of PASPA, New Jersey has overtaken Nevada as the sports wagering capital of the US.
December 2019 marks the last time Nevada topped the list in monthly sports betting handle among US states, New Jersey brought in nearly $750 million in bets in September, breaking its own record for US states set just one month earlier.
Online sportsbooks in the Garden State took in 91% of all bets for the month, as the appeal of mobile sports betting continues to result in record-breaking handle and revenue numbers. The trend toward mobile wagering will likely continue for the foreseeable future, even after Atlantic City casinos are allowed to operate at full capacity.
2. Nevada ($575,069,930)
Once the undisputed epicenter of sports betting in the US, Nevada has ceded that title to New Jersey in 2020. The home of the Las Vegas Strip still took in more than $575 million in sports bets for September, however.
Mobile wagering accounted for 55% of overall bets, the lowest percentage of any state on this list. The appeal of betting in person at a Las Vegas sportsbook clearly still offers massive viability for the Nevada sports betting market.
Like the other states on this list, mobile betting in Nevada can be conducted from anywhere within state borders. Nevada operates with an in-person registration requirement, however.
3. Pennsylvania ($462,787,394)
Pennsylvania continues to emerge as a contender for the No. 2 sports betting state in the US. The launch of Barstool Sportsbook in Pennsylvania took the Keystone State to new heights in September, with a state record $462.7 million in betting handle coming in for the month.
Like New Jersey, Pennsylvania’s wagering handle is dominated by online betting. Mobile betting produced 89% of that $462.7 million figure in September.
Barstool Sportsbook joins one of the most competitive markets in the US with the Pennsylvania launch. FanDuel Sportsbook enjoys status as the No. 1 mobile sportsbook in the state, but Barstool will likely contend for that spot soon.
4. Illinois ($285,240,209)
Just four months into its journey as a legal online sports betting state, Illinois leapfrogged Indiana and into the No. 4 spot on the US sports betting handle rankings.
September proved the biggest month yet by far for the fastest-growing sports betting market in the US. Revenue reports from the Illinois Gaming Board showed over $285 million in overall handle for the month.
Of that figure, 93% of overall handle comes from mobile sports betting. FanDuel, DraftKings, and BetRivers run close as the top handle-producing mobile sportsbooks in the state.
Ilinois law requires in-person registration for an online sports betting account, but that mandate is currently waived through Dec. 12.
5. Colorado ($207,655,942)
Colorado and Indiana are neck-and-neck for the No. 5 spot in the US. Colorado’s mobile sportsbooks take in more than 98% of total bets.
With retail sportsbooks restricted to three small mountain towns in the Centennial State, online betting will likely continue to power Colorado’s booming sports betting industry. The state’s online sports betting license holders include DraftKings, FanDuel, BetMGM, FOX Bet, BetRivers, and several other big brands in the sports wagering industry.
States That Have Sports Bedding
6. Indiana ($207,450,106)
Can Indiana surpass the surging sports betting markets in Illinois and Colorado? The sports wagering business is big in the Hoosier State, as September’s $207.4 million betting handle figure set a new record for the state.
DraftKings and FanDuel dominate the Indiana market share. Mobile wagering accounted for 81% of overall bets in September for Indiana.
Photo Credit: cunaplus
In 2018, the Supreme Court did away with the Professional and Amateur Sports Protection Act of 1992, paving the way for each state to legalize and regulate sports wagering if they wanted to. Sports betting is now spreading rapidly across the US and there is definitely an appetite for it across the nation. A handful of states launched sports betting operations in 2018, and 2019 has seen even more states take steps to getting sports betting off the ground.
Montana
Montana was the first state to legalize sports betting this year, joining the likes of New Jersey, Pennsylvania and several other states that legalized the activity in 2018. Although legislators in the Treasure State approved two separate sports betting bills, Governor Steve Bullock only signed one into law. Bullock signed the Sports Wagering Lottery Amendment Act of 2019 into law on 3 May. Under the law, the Montana Lottery will be responsible for rolling out land-based and mobile sports wagering, though it’s yet to announce a launch date.
Indiana
Sports Betting United States
Just days after Montana legalized betting, Indiana followed suit by authorizing sports wagering On 7 May. The Hoosier State’s new sports betting law allows residents and visitors to place bets on a variety of sporting events at land-based sportsbooks at casinos in the state and online via mobile apps. The Indiana Gaming Commission has been moving fast with sports betting and is expected to launch on 1 September, just in time for football season.
Iowa
Iowa was the next state to legalize sports betting this year. On Monday 13 May, Governor Kim Reynolds signed a proposed sports betting bill into law. In fact, the Hawkeye State launched sports wagering operations in just 94 days after the signing of the sports betting law, making the Iowa the quickest state to launch the activity after legalizing it. Sports betting in Iowa officially launched on Thursday 15 August. The state’s sports betting market went live with eight land-based sportsbooks and one mobile betting app. Iowa was also the first state to launch land-based and online sports betting simultaneously.
Washington, D.C.
Although it’s not a state, our Nation’s capital has moved to allow sports betting. Muriel Bowser, Mayor of DC, signed the sports betting legislation into law on 23 January. However, this didn’t legalize sports betting from the outset. Instead it triggered a 60-day review period, where the bill was sent to DC Council for consideration. The bill passed into law in May, allowing DC to make preparations for sports wagering. Sports betting will be run by the DC Lottery and wagering will be allowed at four sports stadiums in the district.
The entire process for getting sports betting off the ground has been mired in controversy. Earlier this year, the bill’s main sponsor was investigated for unethical practices. At the same time, the DC Council granted the lottery’s supplier contract to the Greek company Intralot without allowing a standard bidding process to take place. This effectively grants Intralot and the DC Lottery a monopoly over sports betting in DC. As a result of all this, no one is sure when sports betting will come to DC.
Tennessee
Tennessee certainly wasn’t on anyone’s radar when it came to sports betting, but, on 24 May 2019, the state’s proposed sports betting legislation became law. Surprisingly, the bill was not signed by Governor Bill Lee; instead he allowed it to pass into law without his signature. As the Volunteer State doesn’t have any casinos, residents will only be able to place bets online. A launch date has yet to be set, but state regulators are currently working toward launching sports betting.
States That Are Legalizing Sports Betting
Illinois
After months of deliberation on a gambling expansion bill that included sports betting, Illinois Governor J.B Pritzker signed the bill into law on 28 June. In terms of sports wagering, the expansion package authorizes land-based, online and mobile sports betting. There is a lot of work that must be done before sports betting comes to the Prairie State, however. Illinois regulators must finalize sports betting rules and regulations and grant licenses to operators, data providers and suppliers.
New Hampshire
New Hampshire became the sixth state to legalize sports wagering in 2019 when Governor Chris Sununu signed House Bill 480 into law on 12 July. The passage of this bill legalized land-based, online and mobile sports betting. However, the state regulator has yet to confirm launch date for sports betting. Once the Granite State gets sports betting off the ground it will become the second New England state to offer sports betting, following Rhode Island’s sports betting launch in late 2018.
North Carolina
North Carolina has legalized sports betting, but only on a small scale. On 26 July, Governor Roy Cooper signed the proposed sports betting bill SB 154 into law. Where this bill varies from others is that it only allows sports betting to take place at Native American-run casinos on tribal land. The bill allows the Eastern Band of Cherokee Indians to operate land-based sportsbooks at two casinos located in the Appalachian Mountains. The tribal group has yet to confirm a launch date for their sportsbooks.
So, at the time of writing, seven states, along with Washington DC have legalized sports wagering in 2019. Out of all of them, Iowa was the first to launch operations and Indiana will be the second when it launches sports betting in the first week of September. There is still a lot of work that needs to be done on the regulatory front before the other jurisdictions can go live with sports wagering.
