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As of September 2023, sportsbooks are legal in 38 states, the District of Columbia, and the territory of Puerto Rico, Online sports betting also legal in 30 states, Washington D.C. and Puerto Rico. The American Gaming Association reported a 2022 handle of $93.2 billion and a revenue of $7.5 billion in commercial sportsbooks. [26]
The Professional and Amateur Sports Protection Act of 1992 (Pub. L. 102–559), also known as PASPA or the Bradley Act, was a law, judicially-overturned in 2018, that was meant to define the legal status of sports betting throughout the United States. This act effectively outlawed sports betting nationwide, excluding a few states. The sports ...
As of January 2024, 37 states, Washington, D.C., and the territory of Puerto Rico have operational legalized sports betting, while North Carolina has legalized it though it sports betting operations will begin later in 2024. 30 states, Washington D.C. and Puerto Rico have also legalized online sports betting, though in 8 states that have ...
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Six states either passed legislation to legalize sports wagering or allowed sportsbooks to begin accepting bets. Another state, Florida, relaunched sports betting after a two-year legal battle ...
March Madness -- the annual NCAA basketball tournament -- has arrived, and betting on the event has exploded with legalized sports betting. Tax Cuts: 50% of States Are Pushing For Reductions or...
[12] [42] In anticipation of the Court's ruling, several states began setting legislation in place to allow for legal sports gambling, contingent on the results of the Supreme Court case. By June 5, 2018, Delaware became the first state other than Nevada to legalize sports gambling in wake of the Court decision. [43]
Sports betting was legalized by the state in 2019. [8] [9] DraftKings was granted its exclusive contract later that year for a six-year period, based on its offer to give 51% of online revenue and 50% of retail revenue to the state. [10] The first bet was placed on December 30, 2019, by Governor Chris Sununu. [11]