It is estimated that 18 states will introduce bills to regulate sports betting in 2018, and already it is known that 11 of them have a good chance of passing legislation immediately.
Eilers & Krejcik Gaming, which trails gaming legislations nationwide, says that’s just the minimum; the firm predicts more than 30 states could introduce sports betting bills in the next 12 months.
New Jersey is expecting an answer from the U.S Supreme Court regarding a case on sports betting in all but four states: Delaware, Montana, Nevada and Oregon. Approval on ruling in that case could open the floodgates in terms of states adopting a new form of gambling.
Chris Grove, managing director of Eilers & Krejcik Gaming, Grove said:
“Assuming a Supreme Court decision or action by Congress permits it, we could see the largest simultaneous expansion of regulated gambling in U.S. history with sports betting in 2018,”
States listed as likely to introduce a sports betting bill are:
Massachusetts; Rhode Island; New York; New Jersey; West Virginia; South Carolina; Georgia; Florida; Illinois; Michigan; Iowa; Minnesota; Louisiana; Mississippi; Oklahoma and California.
Indiana and Kentucky already have introduced bills
Pennsylvania and Connecticut have already passed bills.
The report listed 11 states as having a good chance of enacting sports betting bills this year: Massachusetts; Rhode Island; New York; New Jersey; West Virginia; Ohio; Michigan; Illinois; Oklahoma; Kentucky and Indiana.
It also listed states where the introduction, much less adoption, of a sports betting bill is considered unlikely: Tennessee; Alabama; Arkansas; Texas; Kansas; Nebraska; North and South Dakota; Wyoming; Utah; Idaho; Alaska and Hawaii.
One of the main reason why States are trying to get sport betting bills is as a new source of revenue and adding or expanding gambling is seen as an attractive option for many.
Sport betting is already offered through commercial or tribal casinos, or state lotteries. However, the prediction by experts is that if the Supreme Court approve the legalisation of sports betting nationwide it would prompt a rapid expansion of internet betting, as states will move to allow it to be offered online
David Schwartz, director of the Centre for Gaming research at the University of Nevada Las Vegas, said the predictions are
“definitely in line with the historical trend of states turning more to gambling.”
This is certainly set to be an exciting year for US residents and betting fans.
Now who fancies a punt on Oprah becoming the next president?