Thursday, November 15, 2018

What’s Next in Sports Betting in the US






We’ve seen a lot of changes in the landscape of sports betting in the US, with the rapid legalization of the industry spreading across its states. Estimates point to at least 12 more states who could legalize sports betting next year. In fact, a lot of gambling industry news features the proposed measures of these states.

As for sportsbooks, at least 8 states could have operators ready in time for the 2019 football season. Football is one of the top sports to bet on. To get in this industry, check out some bookie pph reviews.

Since the May ruling in the Supreme Court repealed the 1992 law that prohibits sports betting, states have mobilized to regulate sports betting. Now, we have seen states that are now regulating and taxing sports wagers. This allows sportsbooks to operate, while the state generates revenues that are used to contribute to social services, and other community projects.

As of now, Nevada, Delaware, New Jersey, West Virginia, and Mississippi are states people can bet on. You also have Rhode Island and Pennsylvania who are close to launching live betting. There is also a tribal casino in New Mexico who run a sportsbook.

In the near future, some states are looking at legalization as well. They are Oregon, Ohio, New York, Missouri, Illinois, Indiana, Florida, Kentucky, Connecticut and Arkansas. Michigan could be in the list as well. Each state’s policy varies, in terms of the scope: some allow mobile wagering, some are land-based. The tax rates also vary per state. Some states are lobbying for additional integrity fees, but operators are vehemently against that.

Sports leagues are also benefiting from this, as they can now build partnerships and deals. This promotes their brand, increases audience shares, ticket sales, and much more. If you want to be a part of this, you can use this free pph trial and start your own sportsbook.