Saturday, July 20, 2024
Latest:

REGULATORY UPDATE

– In May of 2018 the US Supreme court strikes down federal ban on sports wagering opening the path to new regulatory state-by state legalization


– Regulated sports betting is expected to surpass 80 Billion US within 5 years


– Recent state approvals are

  New Jersey,

  Pennsylvania,

  West Virginia,

  New York,

  Tennessee,

Indiana, Iowa, and Illinois are expected during 2019 or early 2020

– There was 3.2 Billion Dollars wagered on sports in the just the first year in New Jersey alone