LOGIN

Odds for more sports betting expansion could fade after rapid growth to 38 states

by Ryan Lee
5 comments
Sports Betting Expansion

In a landscape where sports betting has rapidly expanded to encompass 38 states, the prospects for further expansion in 2024 are becoming increasingly uncertain due to various challenges, including political resistance and conflicting financial interests among existing gambling operators.

One of the states still awaiting legalization is Missouri, where Brett Koenig, a resident, finds himself unable to place bets despite having access to a sports betting app on his smartphone. This situation has prompted him to initiate a social media campaign named “Let MO Play” to garner support for legal sports betting in the state.

Several states have already benefited from sports betting, collecting over $4 billion in taxes from wagers exceeding $280 billion since 2018. Vermont is set to join this list on January 11, 2024. However, the path to expansion for other states seems challenging due to the unique hurdles they face.

Becca Giden, the policy director at Eilers & Krejcik Gaming, a California-based consulting firm, notes that the remaining states without legalized sports betting encounter multiple obstacles. The landscape has evolved into a situation where various stakeholders are looking to maximize their benefits from the legalization framework, potentially leading to friction and delays.

States where sports betting remains illegal include Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas, and Utah. California and Texas, with their large populations, would be significant prizes for sports bettors, but neither state appears poised to adopt sports betting in 2024.

In California, recent attempts to legalize sports betting faced strong opposition, with voters rejecting two rival sports betting initiatives despite a substantial $463 million raised by supporters and opponents. Tensions persist among online gaming companies, tribal casinos, and horse tracks, making progress challenging.

Texas, on the other hand, lacks a mechanism to place citizen initiatives on the ballot in 2024, despite speculation about potential support for legal sports betting due to the sale of the Dallas Mavericks basketball team to the Las Vegas Sands casino company.

Neighboring Oklahoma has its share of tribal casinos, and Republican Governor Kevin Stitt proposed allowing in-person sports betting at tribal casinos and online sports wagering. However, this plan faces opposition from tribal authorities.

Minnesota could be the next state to authorize sports betting, but it may require a bipartisan vote in the Senate, where Democrats hold a narrow advantage. Lawmakers are grappling with differences between tribal casinos and horse racing tracks, both seeking exclusive rights to sports betting.

In Missouri, efforts to legalize sports betting have repeatedly stalled in the state Senate, where disagreements persist over pairing it with the regulation of slot-machine-style video games. The involvement of multiple stakeholders, including online sports wagering companies, casinos, professional sports teams, and video gaming terminal interests, has led to a lobbying effort involving around 80 lobbyists.

Despite this, the prospects for both an initiative petition and legislation in Missouri remain uncertain. Data indicates significant interest in sports betting among Missourians, but they are currently forced to travel to neighboring states to place their bets.

In Georgia, Governor Brian Kemp has shown openness to legalizing sports betting, but progress has stalled due to a rejected constitutional amendment. The debate in Georgia is complex, as proponents of casinos and horse racing aim to leverage sports wagering to expand other forms of gambling.

Lastly, in Alabama, legalizing sports betting would require a constitutional amendment approved by voters. Some lawmakers are working on new gambling legislation that encompasses casinos, a lottery, and sports betting, although success remains uncertain.

In summary, the expansion of sports betting to additional states faces challenges such as political resistance and competing interests among stakeholders. While some states remain on the cusp of legalization, the road ahead is far from straightforward, with complex debates and legislative hurdles to overcome.

Frequently Asked Questions (FAQs) about Sports Betting Expansion Challenges

Q: Why is sports betting still illegal in some states, despite its rapid growth in others?

A: Sports betting’s legality varies by state due to political resistance and conflicting financial interests among existing gambling operators. Some states face legislative hurdles, while others grapple with complex debates involving casinos, tribal casinos, and horse racing.

Q: Which states are yet to legalize sports betting in 2024?

A: The states where sports betting remains illegal in 2024 are Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas, and Utah.

Q: Are California and Texas likely to adopt sports betting in 2024?

A: Both California and Texas, despite being populous states, face significant challenges. California recently rejected sports betting initiatives, while Texas lacks a mechanism for citizen initiatives in 2024.

Q: What are the prospects for sports betting in Missouri?

A: Missouri’s efforts to legalize sports betting have stalled due to disagreements over regulation and the involvement of multiple stakeholders, including casinos and online sports wagering companies.

Q: Could Georgia legalize sports betting soon?

A: Georgia’s prospects for legalizing sports betting are uncertain but could be the most realistic among the remaining states in 2024, with well-funded lobbying efforts expected.

Q: What’s the situation in Alabama regarding sports betting?

A: Legalizing sports betting in Alabama would require a constitutional amendment approved by voters. Some lawmakers are working on broader gambling legislation, but success remains uncertain.

More about Sports Betting Expansion Challenges

You may also like

5 comments

CryptoFanatic December 27, 2023 - 8:12 am

California n Texas got issues man. not lookin good 4 bettors there.

Reply
FastCarsRule December 27, 2023 - 10:12 am

Misouri cant decide, casinos vs. reg-lation. Gotta chill out.

Reply
Joe123 December 27, 2023 - 11:26 am

bettin legal in some states but not others? so confusin. politiks messin it up.

Reply
BamaGambler December 27, 2023 - 6:58 pm

Alabama, georgia, they all figthin’. Need votes 4 this to happen.

Reply
SportsLover12 December 28, 2023 - 6:26 am

Georgia bettin’ could be real, but others, who knows!

Reply

Leave a Comment

logo-site-white

BNB – Big Big News is a news portal that offers the latest news from around the world. BNB – Big Big News focuses on providing readers with the most up-to-date information from the U.S. and abroad, covering a wide range of topics, including politics, sports, entertainment, business, health, and more.

Editors' Picks

Latest News

© 2023 BBN – Big Big News