In the U.S., there are a number of states that have legalized sports betting. Some of these states are Massachusetts, New Jersey, and California. Read on to learn more about the legalities of sports betting in your state. In addition, we will discuss when sports betting might be available to the public in your state. It’s important to note that legalized sports betting is not yet legal in all states, but there are some states that are moving in that direction.
Legalization of sports betting in the U.S.
Despite bipartisan support, legalizing sports betting in the United States is still not a foregone conclusion. There are still a few states that aren’t ready to make the leap. New Mexico, for example, hasn’t passed any legislation regulating the activity. However, Native American tribes have been offering in-person sports betting at their casinos since October 2018. The tribes interpreted a gaming compact with the state to allow them to offer any form of Class III gambling.
Legal sports betting began in New Jersey on June 14, 2018. Governor Phil Murphy made the first legal sports bet at Monmouth Park in June. The state’s sports betting app has fully remote registration and an online platform. New Jersey has been leading the way in terms of sports betting handle and has already surpassed the $1 billion mark in sports betting handle for December 2021. Although sports betting in New Jersey has slowed down over the last year, its month-over-month revenue has increased by nearly $50 million.
Legalization of sports betting in New Jersey
Legalized sports betting in New Jersey was a long time coming, but it’s finally here. A voter referendum in 2011 paved the way for the new industry. Then, Governor Chris Christie signed the legislation, which created a regulatory framework. Now, sports betting is legal in New Jersey, which was previously only legal in Nevada.
New Jersey sports betting broke Nevada’s sports betting record last month. In September, bettors placed nearly one billion dollars in bets, including nearly $100 million in wagers on online sportsbooks. The total handle for 2021 reached $10.9 billion, surpassing Nevada’s $10.9 billion mark.
Legalization of sports betting in Massachusetts
There have been a variety of arguments for and against legalizing sports betting in Massachusetts. Proponents point to the many local sports fans who want to see the state open its doors to wagering on their favorite teams. The owners of the Red Sox and Patriots have publicly endorsed the idea, as have the Boston Celtics, which stand to benefit from a legalized sports betting industry.
Legalization of sports betting in Massachusetts will require approval from both chambers of the legislature. It will also be subject to strict licensing and application requirements. Some states can take a year or more to open their sports betting operations, and Massachusetts is no exception.
Legalization of sports betting in California
The debate over legalization of sports betting in California is still ongoing. Californians will have the opportunity to vote on the issue in November. If it passes, sports betting could make the state’s gambling market one of the most fertile in the country. However, there are many risks associated with sports betting, including the possibility of gambling addiction. To help combat this problem, the California Council on Problem Gambling offers resources on prevention and treatment. It also promotes a self-exclusion program for problem gamblers. Self-exclusion programs allow individuals to ban themselves from casinos and other gambling establishments.
The state’s sports betting initiative is supported by a coalition of sportsbooks. This group includes DraftKings, FanDuel, BetMGM, Fanatics Betting & Gaming, and Penn National Gaming. The coalition hopes to get the initiative on the November ballot.