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Topic starter
06/05/2024 5:56 pm
When the US was given federal rights to legalize and regulate sports betting in the country, there was quite a steady momentum to allow sports betting- online sports betting specifically. But why is it that when we are talking about online casino gaming, the process seems slower?
To compare, there are more than 30 states that offer online sports betting (correct me if I am wrong here), but there are only 7 states that offer iGaming. This year I think only Rhode Island went live with iGaming.
So what is holding these states back and why are they moving at a slower pace than online sports betting, considering iGaming is actually more profitable in other betting markets?
13/05/2024 7:45 pm
One of the reasons is probably because a lot of states have compacts with the local Indian tribes for casinos. Florida for example had a lot of issues getting their sports betting program rolling because of the compact they had with the local tribes.
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31/05/2024 5:57 pm
Its probably technical and legal in nature. Although some states are being more aggressive with pushing for iGaming. This usually happens once they see how much potential income they are losing. Especially when iGaming reports come out from states like New Jersey and Nevada.
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06/06/2024 3:09 pm
One of the reasons is probably because a lot of states have compacts with the local Indian tribes for casinos. Florida for example had a lot of issues getting their sports betting program rolling because of the compact they had with the local tribes.
And if I remember correctly, this issue is still ongoing. Legal experts are predicting that this could take years to resolve.
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