legal online sports betting states
Introduction In recent years, the landscape of online sports betting has undergone significant changes in the United States. Following a landmark Supreme Court decision in 2018, individual states have been empowered to regulate and legalize online sports betting within their jurisdictions. This article provides an overview of the current legal status of online sports betting across various US states. Key Takeaways: As of the latest update (2023), several states have legalized online sports betting.
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legal online sports betting states
Introduction
In recent years, the landscape of online sports betting has undergone significant changes in the United States. Following a landmark Supreme Court decision in 2018, individual states have been empowered to regulate and legalize online sports betting within their jurisdictions. This article provides an overview of the current legal status of online sports betting across various US states.
Key Takeaways:
- As of the latest update (2023), several states have legalized online sports betting.
- A majority of these states allow both retail and online betting, while a few restrict in-person betting only.
- Some states have specific regulations regarding operator licensing, tax rates, and age restrictions.
- The landscape is subject to change as new laws are passed or existing ones are updated.
List of Legal Online Sports Betting States
The following list represents the current legal status of online sports betting across various US states:
1. Delaware
- Legalized: June 5, 2018
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: 9% tax on gross revenue from sports betting.
2. New Jersey
- Legalized: August 6, 2018
- Type: Online and retail
- Operator licensing: Operators must obtain a license to offer online betting.
- Tax rate: 13.75% tax on gross revenue from sports betting.
3. Pennsylvania
- Legalized: July 24, 2019
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: 34% tax on gross revenue from sports betting.
4. Iowa
- Legalized: May 1, 2019
- Type: Online and retail
- Operator licensing: Operators must obtain a license to offer online betting.
- Tax rate: 35% tax on gross revenue from sports betting.
5. Indiana
- Legalized: October 15, 2019
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: 10% tax on gross revenue from sports betting.
6. New Hampshire
- Legalized: July 12, 2017 (online-only)
- Type: Online only
- Operator licensing: Operators must obtain a license to offer online betting.
- Tax rate: No tax on gross revenue from sports betting ( operators can deduct sports betting revenue for tax purposes).
7. Illinois
- Legalized: June 28, 2019
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: 15% tax on gross revenue from sports betting.
8. Colorado
- Legalized: May 1, 2020
- Type: Online and retail
- Operator licensing: Operators must obtain a license to offer online betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
9. Tennessee
- Legalized: November 1, 2020
- Type: Online only
- Operator licensing: Operators must obtain a license to offer online betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
10. Virginia
- Legalized: July 24, 2020
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
11. Washington D.C.
- Legalized: June 3, 2020
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
12. Michigan
- Legalized: December 13, 2020
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
13. Connecticut
- Legalized: October 19, 2021
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
14. Arizona
- Legalized: April 15, 2021
- Type: Online only
- Operator licensing: Operators must obtain a license to offer online betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
15. Wyoming
- Legalized: July 1, 2021
- Type: Online and retail
- Operator licensing: Licensed operators can offer both online and retail betting.
- Tax rate: No tax on gross revenue from sports betting (operators can deduct sports betting revenue for tax purposes).
The landscape of legal online sports betting in the United States has expanded significantly since 2018. While there are still some states where online sports betting is not permitted, many jurisdictions have established their own regulations regarding operator licensing, tax rates, and age restrictions. As new laws are passed or existing ones are updated, the list of legal online sports betting states will continue to evolve.
Important Notes:
- This article only includes information up to 2023.
- The status of online sports betting in various states may change over time due to updates in laws or regulations.
- For the most current and accurate information on online sports betting, consult the official websites or regulatory bodies of the relevant states.
largest online sports betting companies
Online sports betting has become increasingly popular over the years, with many companies emerging to cater to this demand. In this article, we will explore some of the largest online sports betting companies in the world.
Overview of Online Sports Betting
Online sports betting allows users to place bets on various sporting events using their computers or mobile devices. This type of betting has become popular due to its convenience and accessibility. Users can easily access a wide range of sports markets, including football, basketball, tennis, and many others.
Benefits of Online Sports Betting
Some benefits of online sports betting include:
- Convenience: Online sports betting allows users to place bets from anywhere with an internet connection.
- Accessibility: Many online sportsbooks offer mobile apps or websites that can be accessed on various devices.
- Wide range of markets: Online sportsbooks often offer a wide range of sports markets, including lesser-known events.
Top Largest Online Sports Betting Companies
Here are some of the largest online sports betting companies in the world:
1. Bet365
Bet365 is one of the largest and most well-established online sports betting companies in the world. They offer a wide range of sports markets, including football, basketball, tennis, and many others.
- Website: www.bet365.com
- Licenses: UKGC, Gibraltar Gaming Authority
2. Unibet
Unibet is another large online sports betting company that offers a wide range of sports markets. They also provide a range of casino games and poker tournaments.
- Website: www.unibet.com
- Licenses: UKGC, Gibraltar Gaming Authority
3. William Hill
William Hill is one of the oldest online sports betting companies in the world. They offer a wide range of sports markets and provide a mobile app for easy access.
- Website: www.williamhill.com
- Licenses: UKGC, Gibraltar Gaming Authority
4. 888Sport
888Sport is an online sports betting company that offers a wide range of sports markets and provides a mobile app for easy access.
- Website: www.888sport.com
- Licenses: UKGC, Gibraltar Gaming Authority
Other Notable Online Sports Betting Companies
There are many other notable online sports betting companies that offer a wide range of services and features. Some examples include:
- Betfair: A leading online sports betting company that offers a unique market place for users to bet against each other.
- Sky Bet: An online sports betting company owned by Sky Sports, offering a wide range of sports markets and promotions.
- Paddy Power: An online sports betting company known for their humorous marketing campaigns and generous odds.
Online sports betting has become increasingly popular over the years, with many companies emerging to cater to this demand. The largest online sports betting companies in the world include Bet365, Unibet, William Hill, and 888Sport. These companies offer a wide range of services and features, including a mobile app for easy access. By choosing the right online sports betting company, users can enjoy a safe and enjoyable experience.
online sports betting companies
Overview
Online sports betting companies have become increasingly popular in recent years, offering users a convenient way to place bets on various sporting events. These companies operate online platforms that allow users to create accounts, deposit funds, and place bets on different sports and outcomes.
Types of Online Sports Betting Companies
There are several types of online sports betting companies, including:
- Bookmakers: These companies offer odds on a wide range of sports and events, allowing users to bet on the outcome. Bookmakers make their profit by setting the odds in such a way that they ensure a small margin of profit over time.
- Sportsbooks: Similar to bookmakers, sportsbooks offer odds on various sports and events. However, sportsbooks often have a more extensive range of betting options, including prop bets (proposition bets) and futures bets.
- Exchanges: These companies operate as peer-to-peer platforms where users can buy and sell bets with each other. Exchanges typically do not take a commission on winnings, but instead charge a small fee for the service.
Key Features of Online Sports Betting Companies
Some key features of online sports betting companies include:
- Variety of sports: Most online sports betting companies offer odds on a wide range of sports, including football, basketball, baseball, hockey, and more.
- Convenience: Online sports betting allows users to place bets from anywhere with an internet connection, making it easy to participate in the activity.
- Safety and security: Reputable online sports betting companies take measures to ensure that user data is secure and that payouts are made promptly.
- Promotions and bonuses: Many online sports betting companies offer promotions and bonuses to new users or to encourage repeat business.
Popular Online Sports Betting Companies
Some popular online sports betting companies include:
- Bet365
- FanDuel
- DraftKings
- 888 Sport
- William Hill
Regulations and Laws
Online sports betting is regulated differently in various countries. In some jurisdictions, online sports betting is prohibited or heavily restricted, while in others it is allowed with certain rules and regulations.
In the United States, for example, the Supreme Court ruled in 2018 that states have the authority to regulate sports betting, leading to many states passing laws allowing online sports betting. In the UK, online sports betting is regulated by the Gambling Commission, which sets rules for operators and ensures they operate fairly.
Online sports betting companies offer users a convenient way to place bets on various sporting events from anywhere with an internet connection. While there are different types of online sports betting companies, most share key features such as variety of sports, convenience, safety and security, and promotions and bonuses. As the industry continues to grow and evolve, regulations and laws will likely continue to shape the market.
where is sports betting legal in the united states
Sports betting has seen a significant shift in legality across the United States over the past few years. With the Supreme Court’s decision in 2018 to overturn the Professional and Amateur Sports Protection Act (PASPA), states were granted the authority to legalize and regulate sports betting within their borders. As a result, the landscape of sports betting in the U.S. has become quite diverse. Here’s a breakdown of where sports betting is currently legal:
Fully Legalized States
These states have fully legalized both online and retail sports betting:
- Nevada: Known as the gambling capital of the U.S., Nevada has long been a hub for sports betting. It was one of the few states where sports betting was legal before the PASPA repeal.
- New Jersey: One of the pioneers post-PASPA, New Jersey offers both online and retail sports betting, with numerous options for bettors.
- Delaware: Delaware was another early adopter, offering full-scale sports betting shortly after the PASPA repeal.
- Mississippi: While Mississippi offers retail sports betting at its casinos, online betting is restricted to on-premises wagering.
- West Virginia: Both online and retail sports betting are legal in West Virginia, with several operators providing services.
- Pennsylvania: Pennsylvania has a robust sports betting market, with both online and retail options available.
- Rhode Island: Rhode Island offers both online and retail sports betting, with the state controlling the operations.
- New Mexico: Although not explicitly legalized by the state legislature, some tribal casinos offer sports betting under compacts with the state.
- New York: New York has legalized retail sports betting at its casinos, with plans to expand to online betting in the future.
- Arkansas: Arkansas allows retail sports betting at its casinos, with no current plans for online betting.
- Colorado: Colorado legalized both online and retail sports betting in 2020, with a competitive market emerging.
- Illinois: Illinois offers both online and retail sports betting, with a mix of state-run and private operators.
- Indiana: Indiana has a thriving sports betting market, with both online and retail options available.
- Iowa: Iowa allows both online and retail sports betting, with a growing number of operators.
- Michigan: Michigan legalized both online and retail sports betting in 2020, with a diverse market.
- Montana: Montana offers sports betting through a state-run app and retail locations.
- Tennessee: Tennessee is unique in that it only allows online sports betting, with no retail options.
- Virginia: Virginia legalized online sports betting in 2021, with plans for retail options in the future.
- Washington, D.C.: Washington, D.C. offers sports betting through a state-run app and retail locations.
- Oregon: Oregon offers sports betting through a state-run app and retail locations.
- North Carolina: North Carolina allows retail sports betting at two tribal casinos, with no current plans for online betting.
- Washington: Washington allows retail sports betting at tribal casinos, with no current plans for online betting.
- Wyoming: Wyoming legalized online sports betting in 2021, with no retail options.
States with Pending Legislation
Several states are in the process of considering or implementing sports betting legislation:
- California: A hotly debated topic, California has seen multiple proposals for sports betting, but no legislation has been passed yet.
- Florida: Florida has legalized sports betting through a tribal compact, but the implementation is currently tied up in legal challenges.
- Georgia: Georgia has seen several proposals for sports betting, but no legislation has been passed yet.
- Hawaii: Hawaii has considered sports betting legislation, but no progress has been made.
- Idaho: Idaho has not shown significant interest in legalizing sports betting.
- Kentucky: Kentucky has seen several proposals for sports betting, but no legislation has been passed yet.
- Louisiana: Louisiana has legalized sports betting, with some parishes opting out. Implementation is ongoing.
- Maine: Maine has considered sports betting legislation, but no progress has been made.
- Maryland: Maryland has legalized sports betting, with implementation ongoing.
- Massachusetts: Massachusetts has considered sports betting legislation, but no progress has been made.
- Minnesota: Minnesota has considered sports betting legislation, but no progress has been made.
- Missouri: Missouri has considered sports betting legislation, but no progress has been made.
- Nebraska: Nebraska has legalized sports betting, with implementation ongoing.
- New Hampshire: New Hampshire offers online sports betting through a state-run platform.
- New York: New York has legalized retail sports betting, with plans to expand to online betting.
- Oklahoma: Oklahoma has considered sports betting legislation, but no progress has been made.
- South Carolina: South Carolina has not shown significant interest in legalizing sports betting.
- South Dakota: South Dakota has legalized sports betting, with implementation ongoing.
- Texas: Texas has considered sports betting legislation, but no progress has been made.
- Utah: Utah has not shown significant interest in legalizing sports betting.
- Vermont: Vermont has considered sports betting legislation, but no progress has been made.
- Wisconsin: Wisconsin has not shown significant interest in legalizing sports betting.
States with No Current Plans
These states have shown no significant interest in legalizing sports betting:
- Alabama
- Alaska
- Arizona (Note: Arizona has legalized sports betting, but it is included in the fully legalized states list)
- Connecticut (Note: Connecticut has legalized sports betting, but it is included in the fully legalized states list)
- Kansas (Note: Kansas has legalized sports betting, but it is included in the fully legalized states list)
- Nevada (Note: Nevada is included in the fully legalized states list)
- Ohio (Note: Ohio has legalized sports betting, but it is included in the fully legalized states list)
- South Dakota (Note: South Dakota is included in the pending legislation list)
The landscape of sports betting in the United States is continually evolving, with more states likely to join the ranks of those offering legal sports betting in the coming years.