Clearly, the Indiana Online Sportsbook industry currently riding the crest of a wave. Thanks to a full month of NFL and MLB regular season matchups plus the added attraction of the NBA playoffs and the NHL’s Stanley Cup Finals, Indiana found itself in a good position to capitalize on a massive month of sports betting events.
As reported last week, voters in the states of Nebraska, Louisiana and Maryland are heading to the polls on November 3, and in addition to making their choice for President, residents of those states will be exercising their democratic right to choose whether or not their state will adopt legal sports betting. However, just like the influence of lobbyists and big business fund either the red or blue side of politics, so too vested interests are making their mark in the sports betting referenda.
Voters in Nebraska, Louisiana and Maryland are set to decide on legal sports betting becoming available for residents of, and visitors to their respective states. The vote will take place as part of the Presidential Election in those states on November 3.
Tennessee has taken another big step to the road to its official online sports betting launch on November 1 2020. Tennessee Education Lottery officials recently granted conditional betting licenses to its first sportsbook operators — DraftKings, FanDuel, BetMGM.
Colorado fledgling sports wagering industry passed its first major test with flying colors with a packed program of U.S. professional sports in August 2020. The previous months of May, June and July were only ‘part months’ due to the enforced closure of the majority of professional sports.
Michigan is set to rival the largest legal sports betting markets in the country once it matures, and generate millions in tax revenue, and it’s all a step closer to reality after a September 23 public hearing for comments on the draft online sports betting regulations published earlier back in August.
As we reported recently, the onset of the global pandemic has had a significant impact on the increase and uptake of online casino and sports betting across the United States. No-one could have foreseen the how quickly the uptake of online gaming has unfolded, and it shows no sign of slowing. With that in mind, let’s analyze the biggest ongoing trends for online casino and sports betting moving forward.
For all the rapid spread of legal online sports betting across the United States in the wake of the global pandemic, there’s still been little action and few moves across the nation by State Houses legalizing online casino gaming.
MGM Resorts and GVC Holdings' popular US sports betting brand BetMGM has launched a new online casino in West Virginia through its existing licensed partnership with The Greenbrier bricks-and-mortar casino.
The Delaware Lottery had not posted sports betting numbers since March. You can place legal sports wagers at the State’s three casinos, however, there is no online sports betting in Delaware, despite it being legal there. And, it showed in the July 2020 revenue results.