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.
In a recent meeting, the head of the Tennessee gaming regulator, the Tennessee Lottery, has gone on the record in announcing that online sports betting will go live in the Volunteer State by November 1 2020.
Not content with its planned domination of the sports betting market in the Garden State of New Jersey, leading online sportsbook, William Hill, has launched versions of its sports wagering platform in Colorado and West Virginia. The launch comes just in time for the beginning of the 2020/21 NFL season and now brings William Hill to a total of five states in which they offer their online sports betting products, the other two being Nevada and Iowa to become the third largest sportsbook operator in the United States today.
Sports Bettors in the state of Illinois can still register for an online sports betting account remote from anywhere within the Land of Lincoln’s state boundaries following the signing of an executive order by Governor J.B. Pritzker. This is the second time to date that the executive order that continues to permit residents to join online and mobile sportsbooks without the need to travel to the physical sportsbook has been extended.