Online Sports Betting in the United States

online betting

Several states in the United States have legalized online sports betting, including Connecticut, Delaware, Illinois, Maryland, and New Jersey. While the majority of the states are still in the process of getting their online sports betting operations up and running, some states have begun taking bets already.

Delaware’s lottery-run sports betting market is not expected to have the revenue figures that rival neighboring states. Nonetheless, the state has three retail sportsbooks, and the digital sports betting market has expanded beyond the state’s borders.

Online sports betting in Maryland is still in the planning stages, but it’s expected to be in place by late 2022. The law allows for up to 60 online sportsbooks. In addition to online betting, the state is also expected to allow for up to 30 retail locations.

New York is expected to go live with online betting on January 8, 2022. New York’s law is a little different from other states, in that the law only requires that online sportsbooks have servers located at licensed casinos. However, it also requires that users connect to those servers to place bets.

Virginia launched online sports betting in January 2021. It’s also the first state to launch a mobile betting platform. Despite this, the state has not seen much revenue from its online sports betting operation. The state’s tax revenue lags behind its neighbors.

New Hampshire’s law allows for online sports betting, but it requires sports bettors to be physically in the state to place their bets. The state’s sportsbooks have been operating for a few years, but it’s not expected to see any major revenue from its sports betting operation for the foreseeable future.