Tennessee lawmakers have decided (for the time being at least), that the state’s sportsbooks can continue to accept online wagers from payday loan customers. A bill that sought to make the practice illegal has been withdrawn and will not be debated again until next year’s legislative session. Ultimately, the bill did not progress as the draft measures under consideration by lawmakers were not specific enough.
Sports betting in Michigan is off to a great start! The month of March 2021 (just the second full month of sports wagering for the Wolverine State) saw the state’s sports betting operators record a monster handle of $383.7 million. Of course, having a top seed in college basketball’s March Madness didn’t hurt either, as the tournament drove the nascent Michigan sports betting industry to new heights. The total sports handle was a 19.1% increase on the February handle number.
After a less-than-stellar February, it didn’t take long for sportsbooks in Indiana to bounce back with some solid sports betting numbers in March, recording a 15.6% increase of the $273.9 million from February and jumping up to $316.7 million.
Nevada sports bettors received some good news this week – the state will now allow prop bets on MLB World Series MVP. The Silver State’s sportsbooks will be required to notify the state gaming regulator, the Nevada Gaming Control Board’s (NGCB) Enforcement Division if they wish to add the betting market.
All of a sudden, a gaggle of states have found for legal online sports betting. Hot on the heels of New York and Wyoming legalizing online sports betting, the Grand Canyon State of Arizona is set to welcome online sports betting as early as this fall.
Legal sports betting in Colorado suffered its first-ever monthly sports betting handle decline since the state launched legal sports wagering in May 2020. However, it’s not all doom-and-gloom. Putting things into perspective, despite an 18.5% decrease on the record January 2021 betting handle figure of $326.9 million and a slight dip on December 2020’s $284 million, the February sports betting handle still managed $266.5 million wagered in the Mile-High State for the month.