In Part I of this discussion I set down a list of the biggest mistakes each state has made so far on the path to legalizing sports wagering. The goal here is not to shame a state for being progressive enough to offer legal sports wagering. Instead, the goal is to encourage new states to […]
Posts tagged Delaware
The Biggest Mistake Made By Each State in Legal...
In the first year of widespread legalized sports betting in the US, we’ve seen 17 states take the plunge. The states that were the first movers in this space provide a good example of how it can be done and the profits that can be made. They also provide some examples of what mistakes future states […]
The Proposed Federal Bill on Sports Wagering
As he promised he would before retiring, Senator Orrin Hatch introduced a new federal sports wagering bill this week. The stated goal of this bill is to regulate and standardize sports wagering among states that legalize it. Let’s take a look at what the bill could provide, both good and bad, and then analyze the likelihood […]
Beware the Lottery
Before the great casino proliferation of the last 20 years, the state lottery was sometimes the only game in town. Lotteries, with their high hold percentages, have long been cash cows for many states. Now with other forms of gambling saturated into many state economies, lotteries have started to experience dwindling patronage. In some states, the […]
When Will We Have Interstate Sports Wagering?
As we’ve highlighted here, the legalization of sports wagering is happening state by state. So far, it is all intrastate wagering. Bettors must physically be in the legalized state to place a wager. However, how long until we’re able to wager across state lines between consenting states? It may be coming, but probably not as […]
A Rundown of Legal Betting States
In states that have recently passed sports betting legislation this is crunch-time. Football is the king of sports wagering in the U.S. and football season gets going in a couple weeks. Companies are scrambling to get the green light from their states in time to take wagers before season’s kick off. It’s time for a […]
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