Some states have legalized sports betting, and others haven’t. These states are New Jersey, Delaware, Kentucky, and Virginia. There are a few things to consider when betting on sports in a state. Read on to learn more about your options. If you live in one of these states, you can place bets on upcoming games.
Delaware legalized sports betting
The first steps in Delaware’s path toward legalizing sports betting were taken as early as 2009, when the Delaware Lottery received state permission to offer multi-game wagers. Then in 2018, the state enacted its own legislation legalizing sports betting. The new rules allow Delaware casinos to accept full-scale sports bets, with the state’s governor placing the first bet – a $10 bet – at Dover Downs Hotel & Casino in June 2018.
Delaware sports betting is available in three state-licensed casinos and racetracks. The state’s casinos and racetracks offer single-game, teaser and future bets on the state’s various sports.
New Jersey legalized sports betting
In 2012, the State of New Jersey passed the Sports Wagering Act, legalizing sports betting at racetracks and casinos. However, major sports leagues sued the state under PASPA, claiming that the act violated the Constitution’s ban on sports betting. Nevertheless, New Jersey decided to fight back and passed the amendment to its constitution.
Since then, other states have joined New Jersey and passed similar legislation. In recent months, sports betting in New Jersey has become the biggest market outside of Nevada. The state’s online sportsbook industry now accounts for more than 80% of all sports wagering in the state. The state also imposes a 13% tax on online bets, compared to 8.5% for in-person wagers.
Kentucky legalized sports betting
A bill to legalize sports betting in Kentucky has been passed by the House and is headed to the Senate. Kentucky lawmakers have been studying other states that have legalized sports betting, and are now considering whether to follow suit. Although the Kentucky constitution prohibits most forms of gambling, the state is already home to horse racing and pari-mutuel betting. A sports betting bill would have a lot of implications for the state’s horse racing industry.
The bill is being pushed by Republican Rep. Adam Koenig, who said that passing it would bring illegal sports betting into the light and boost the state’s pension system. The bill also estimates that sports wagering will generate $22.5 million in taxes a year. Opponents of legalized sports betting say it will suck money from families.
Virginia legalized sports betting
In anticipation of legalized sports betting in Virginia, BetMGM has launched its own sportsbook. The online sportsbook can bring the thrill of sports betting to the Old Dominion. The sportsbook can help you show your true fandom and share your wins on the field. Moreover, BetMGM offers its customers risk-free bets worth up to $1,000.
Virginia legalized sports betting is booming, with the industry expected to reach $400 million in wagers every month by 2022. Sportsbooks are expanding quickly and the state’s new regulations are improving customer experience. Many of them offer live streaming of sports games and live betting. In addition, live betting makes it easier to place prop bets and track stats in real time.