Marking the Anniversary: Influence of PASPA on Sports Betting Advertising, Expansion in Los Angeles, Maine, Washington, and Beyond
It's information overload everywhere, and there's just not enough time to sleep, eat, and stay fully informed about what's happening on this wild blue marble (two out of three isn't bad). Here's the weekend scoop on the top sports betting news, complete with fresh updates, key stories, and a dash of insider insights. Make sure to check out this week's Wild World of Gambling at US Bets as well!
PASPA fell three years ago Friday
Some additional stories and retrospectives
**The Supreme Court Sports Betting Ruling, One Year Later: How The Impossible Came To Be****
**60 Minutes That Changed Sports Betting Forever**
Top stories around our network this week
*Departure Of FanDuel CEO Matt King Will Likely Delay Flutter's U.S. Spin-Off*
*Sportsbook Advertising Is A Total Game-Changer For Radio Stations*
*Online Sportsbook Operators Bet Big On Local TV Ads In First Quarter of 2021*
*Illinois Posts Record $633.6M For Sports Betting Handle In March*
Derek Stevens Hosts Rockies Watch Party As Circa Sports Looks To Broaden Reach
TN Sportsbook In Good Standing As Compliance Matter 'Coming To A Close'
*TN Lottery Begins Process Of Handing Regulatory Duties To Advisory Council*
*Wynn Interactive Eyes IPO And Long Game In Online Gambling Sector*
*Biometric Data Is The Next Statistical Frontier For Sportsbooks, Bettors*
Updated State-by-State Report: Sports Betting Laws in Louisiana, Maine, and Washington State
Let's dive deeper and take a closer look at the current state of sports betting in these places:
Louisiana
- Status: Sports betting became legal statewide on June 22, 2021, available in mobile form across 55 parishes where it has been approved.
- Recent Developments: Bill HB 639 is progressing through the House, aiming to increase the tax on sports betting from 15% to 32.5%, focusing on supporting college athletics and other programs like early childhood education and problem gambling resources. The bill recently advanced from the House Appropriations Committee with a 20-1 vote[1][2][4].
Maine
- Status: In 2022, Maine passed a law allowing sports betting, but its implementation remains uncertain due to a lack of a specific start date.
- Recent Developments: Maine lawmakers are still studying the four sports betting bills on the table, focusing on issues such as digital sports betting platforms being tethered to existing casinos and allowing remote registration for mobile accounts[3].
Washington State
- Status: Sports betting is legal in Washington State, but it is currently restricted to tribal gaming facilities with in-person wagering only.
- Recent Developments: Tentative agreements have been reached with 13 tribes for sports betting, but they still need approval from the Washington State Gaming Commission, Senate and House committees, tribe leaders, and Governor Jay Inslee. These agreements also need U.S. Department of the Interior approval[5]. The WSGC expects to release sports betting rules in June and hopes to launch sportsbooks for in-person wagering in the fall[5].
[1] Sources: Brief Introduction to HB 639[2] "Louisiana Legislature Vote Stacks The Odds Against Sports Betting Operators," Gambling Compliance[3] Source: Maine Legislative Information Service: Work Session on Sports Betting Bill[4] "Louisiana House Appropriations Committee Approves Sports Betting Tax Hike Bill, Sending It to Full House for Consideration," The Advocate[5] "Washington State Gaming Commission Announces Tentative Agreements with 13 Tribes for Sports Betting," Casino.Org
- Three years after PASPA fell, sports betting is still a hot topic, with the Supreme Court Sports Betting Ruling recounting its historic impact on a wild blue marble.
- The departure of FanDuel CEO Matt King may cause a delay in Flutter's US spin-off, while sportsbook advertising on radio stations is revolutionizing the industry.
- Online sportsbook operators are gambling big on local TV ads in the first quarter of 2021, just in time for the Wynn Interactive's preparation for an IPO in the online gambling sector.
- TN sportsbook remains in good standing as the compliance matter is coming to a close, as the TN Lottery begins the process of handing regulatory duties to an advisory council.
- In Muckleshoot, TN, Louisiana, Maine, and Washington State, sports betting laws are progressing, with Louisiana aiming to increase tax on sports betting to support college athletics and educational programs, while Maine still studies sports betting bills and Washington State expects to launch sportsbooks for in-person wagering in the fall.