US Sports Betting News Roundup July 2021Published July 17, 2021 by Elana K
Louisiana and New York sports betting operations have been delayed due to bureacratic reasons. Meanwhile, Ohio and Arizona move forward with legislation.
Sports betting is a fast-growing industry in the US. Since PASPA was repealed by the Supreme Court in May 2018, more than two dozen states have legalized it. Many others have bills on the table. Here’s a roundup of sports betting news from around the country.
Excitement in Louisiana was high after Governor John Bel Edwards signed several gaming bills in late June, putting the state on track to legalize sports betting by NFL season 2021. However, the implementation is unable to move forward at this point until a new gambling regulator chief is elected. There is currently an open position for Board Chair, since Mike Noel resigned in June with no replacement. The position must be filled in order to move forward with sports betting.
Ohio lawmakers have passed a bill to legalize sports betting in the Buckeye State in a 30-2 Senate vote. The Ohio Casino Control Commission will oversee operations and the granting of 58 total licenses. Casinos, racinos, and other businesses can apply, with a licensing fee of $1 million. If the House approves, businesses can apply for licenses beginning Jan. 1, 2022.
The Department of Gaming has released a second draft of sports betting rules, moving the state steadily toward its launch date of September 9, 2021. The new draft includes a $100,000 application fee for tribes, a $750,000 licensing fee, and an annual fee of $150,000. Taxes will be 8% on all in-person bets and 10% on mobile bets.
The New York State Gaming Commission missed the July 1 deadline to release a solicitation for bidders to operate mobile sports betting. Fortunately, the delay should only be about 2 weeks, but with many operators eager to launch, every day counts.