When Tennessee proposed legal online sports betting, it was considered a bold move as up until then the state had no gambling heritage whatsoever, not even a casino culture, tribal or commercial. However, the state managed to get online sports betting legalized and up-and-running. What’s more, straight out of the gates, Tennessee sports betting has been a raging success story recording the biggest debut month by any legal online sports betting state ever in November 2020.
Online sportsbooks and the state government of Iowa are celebrating the state’s first-ever sports betting handle of more than $100 million. After first hinting at breaching the possibility of $100 million handle mark in November, Iowa continued its sports betting momentum, recording $104.8 million in wagers placed in December, an increase of 20.2% compared to the $87.2 million bet in the Hawkeye State in November 2020. The record monthly number resulted in Iowa breaking through the $600 million mark in handle for the year.
Long thought to be an absolute longshot to introduce casinos, let alone permit online sports betting, the Lone Star State of Texas might have just sniffed the first breezes of change. The casino empire helmed by multi-billionaire owner and GOP megadonor, Sheldon Adelson, is beginning to get serious about bringing casino gaming and sports betting to Texas.
Florida lawmakers have made a move to put legal sports wagering back on the table for the Sunshine State’s potential sports bettors. Tallahassee’s bean counters and revenue number crunchers are fully aware of the economic windfall that legal online gambling has brought to northern states like Pennsylvania, New Jersey and Indiana, and are keen to cash in, on the back of revenue shortfalls due to the global pandemic.
The battle to legalize online sports in New York State has been going on for years. However, as the Empire State now stares down an enormous budget hole on the back of restrictions related to the global pandemic, the State’s Governor Andrew Cuomo, has for the first time signaled that he is now open to legalize online sports wagering.
The rapidly growing online sports betting industry in Colorado is set to welcome another two new online sportsbooks – 888Sport and Betsson. Given both are big and experienced global operators, they are expected to hit the ground running in the Mile-High State.