which states have legal online sports betting

Once a casino has a retail license, it must then acquire a master license to allow it to offer sports betting. In Colorado, for example, this is called a retail license and casinos there are regulated by the Colorado Division of Gaming and the Colorado Limited Gaming Control Commission.

The first step starts with a legal brick and mortar casino property, which must have a license to operate at the physical location. In addition, due to the Federal Wire Act each state’s online operations are required to be confined to and geofenced so the activity only takes place within the boundaries of each specific state. Some states allow one online skin per brick and mortar license, other states allow two or more. This effectively means there are a limited number of licenses and/or skins available to become a legal online sports betting operation, and in all states except Tennessee, this starts with a legal licensed brick and mortar casino. The one exception so far is Tennessee, which passed a sports betting law creating the sole online-only model in the United States. Nearly every state that allows online sports betting has a brick and mortar requirement to allow an online offering in that state. Experienced legal counsel can help gaming companies identify the relevant issues and avoid potential pitfalls.

In this process, many legal questions arise from how to establish an online sportsbook and obtaining the requisite licenses to partnerships with local sports teams, marketing firms and suppliers. This growth has been astounding and happened very quickly. Since then, states have raced to place their bets on the business of sports betting. Supreme Court in 2018, which paved the way for this new expansion of sports betting that includes legal online sports betting. This was due to the Professional and Amateur Sports Protection Act of 1992 (PASPA), which had grandfathered existing sports betting offerings and prohibited new states from adding such offerings.

Only a handful of other states had minor sports lotteries and sports betting frameworks. Historically, Nevada was the only state to have legal sports books regulated by the Nevada Gaming Control Board and the Nevada Gaming Commission. Over the past few years the sports betting industry has completely transformed due to the ability to wager in multiple states and, in some of those states, wager online.

Which states have legal online sports betting