Sports Betting States
In April 2020, the Otoe-Missouria and Comanche Nation each struck a deal with the Governor giving them the ability to offer sports betting at their land-based casinos. Sports betting in Virginia came by way of changes to the state’s gambling industry in 2019 when a bill that would put the opening of the state’s first-ever casinos on the 2020 November ballot was signed. Licensed operators will be able to offer single, multiway, and in-play betting, giving bettors access to live bets as well as pre-event wagers within the state. The Hollywood Casino at Penn National Race Course was the first sportsbook to open in Pennsylvania in November 2018.
Two tribes struck sports betting deals in 2020, but those were later invalidated, part of a larger conflict between competition gaming interests and the government. State tribes successfully pushed a 2022 ballot measure that would allow sportsbooks on tribal grounds and certain horse tracks. Wagering could begin as early as 2023 if approved, but in-person only and not online.
The Iowa Constitution of 1857 reaffirmed that prohibition, plainly barring the constitution of any lotteries. State legislators considered this to essentially ban all games of chance and forms of gambling. Team A is the underdog with a point spread of -3.5, and Team B has a point spread of +3.5. To win a bet on Team B, the team must either win outright or lose by 3 points or less. The sportsbook allocates either a negative or positive number to each team. This number indicates the number of points that must be subtracted from or added to the final score.
A court ruling that renewed a previous compact between the two entities gives tribes the upper hand in negotiations with the government. Sports betting, which makes up a small fraction of most casino’s revenues, is a comparatively minor issue as billions of gaming dollars are up for further negotiations. Multiple bills floated through the legislature in 2020 and 2021 but felt short due to larger concerns about video gaming terminals. Lawmakers could try again in 2022, especially if tribal books launch in 2021. Michigan launched in-person wagering at the MGM Grand Detroit on March 11, 2020. Online books such as BetMGM could launch before the end of 2020 or very early in 2021.
Illinois made it clear in the letter of the law to allow online betting which invited the likes of DK, WIlliamhill, FanDuel, and more to take part in the betting action. However, getting support in the house has been a struggle, but there is hope for legalization during the 2021 law-making season. Delaware acted quickly following the SCOTUS ruling to allow sports gambling and on June 5th, 2018 allowed for single-game batting at different casinos throughout the state. Prior to that ruling Delaware already offered parlay bets, getting around the federal-law that restricted single-game bets to Nevada. Delaware looks to add online sports betting; however, no bill is in the works.
Unlike in-house sign-up, states that offer true online sports betting won’t force players to visit a live book to sign up and load their accounts. Instead, they can usually do so from just about anywhere (real-money wagers are still restricted to within state lines). They also won’t be restricted to placing wagers exclusively on mobile devices, as most operators in these states either already offer their platforms for desktops or plan on it. Hardly a month goes by without new legislation being proposed, an active bill being passed, or an operator launching a live sportsbook or online sports betting site. Retail sportsbooks opened up in March 2020 and mobile sportbook apps became legal for sports betting in Michigan in January 2021.