The Road to Legal Sports Betting

Several states have recently passed laws to legalize sports betting, but the road to launch has been a long one. Some states took six months or more, while others took over a year. However, in the end, most states were able to launch their online sports betting markets, and some of them have already opened a land-based sports betting location.

Rhode Island was the first state to legalize sports betting. In June, Governor J.B. Pritzker signed a sports betting bill into law. The law requires sportsbooks to be regulated and pass a rigorous approval process. They must be licensed by the state and have a 36% tax rate and a $10 million license fee.

Connecticut sports betting took longer to get off the ground. The state passed a bill in May to allow sportsbooks, but the law was later delayed by tribal compacts. In the end, online sports betting launched in August of 2020. In the meantime, however, the state has launched a mobile sports betting app.

The state of Washington is another state that has recently paved the way for online sports betting. DC has a large number of visitors and has a constant stream of betting opportunities. In addition to online betting, the city also offers a sportsbook at a casino near Capital One Arena.

Oregon has a unique approach to sports betting. After the Supreme Court threw out PASPA, the state claimed the right to wager on sporting events. The state created rules for sports betting, and allowed for wagers of all kinds. However, the state’s online sportsbooks are a little odd. They are powered by Intralot, which is a non-competitive market pricing system.