April 6, 2023

State-by-State Overview of Sports Gambling Legalization in the United States as of January 2023

This is a state-by-state breakdown of the legal status of sports gambling in the United States as of January 2023. As of that time, over 30 states had legalized sports betting, with more states considering legalization. However, the specifics of legal sports betting, such as which operators are permitted and which types of betting are allowed, vary by state. Some states, such as Alabama and Alaska, do not have legal sports betting, while others like Arizona, Arkansas, Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, and Louisiana do allow it. Other states, such as California and Kentucky, have proposed legislation to legalize sports betting but have not yet done so. In Georgia, bills to legalize sports betting failed to pass in the legislature in March 2023.
April 5, 2023

Macau Continues to Rebound

The Macau casino industry is rebounding after a dismal 2022 performance, but it is still behind what some analysts consider a solid recovery compared to pre-pandemic 2019 levels. The region’s gaming revenue total for the first three months of 2023 was more than $4.3 billion, but still over 50 percent behind 2019 levels. The March gaming revenue total was $1.53 billion, a 247 percent increase from the previous year and Macau’s highest monthly revenue figure in 38 months. However, analysts expect the next few months to be a roller coaster as China goes through the ebbs and flows of reopening. Las Vegas Sands, MGM Resorts International, and Wynn Resorts are three of Macau’s six gaming license holders, and are expected to provide additional insights when […]
April 5, 2023

South Carolina’s Sports Betting Bill Faces Uncertain Legislative Journey

South Carolina’s House Ways and Means Subcommittee on Revenue Policy began hearings on a sports betting bill (H.B. 3749) that would legalize up to eight sports betting apps, with no prohibitions on college sports, and available to anyone 18 years or older. This marks the state’s fourth time considering a sports betting bill in five years, and Governor Henry McMaster has been a staunch opponent. The bill would have to make it past the full committee vote before reaching the governor’s desk, but no sports betting bill has made it beyond the committee stages thus far. NASCAR and the PGA Tour representatives testified during the hearing, and the bill designates each for one of the eight licenses due to their physical presence in the state, […]
April 6, 2023

State-by-State Overview of Sports Gambling Legalization in the United States as of January 2023

This is a state-by-state breakdown of the legal status of sports gambling in the United States as of January 2023. As of that time, over 30 states had legalized sports betting, with more states considering legalization. However, the specifics of legal sports betting, such as which operators are permitted and which types of betting are allowed, vary by state. Some states, such as Alabama and Alaska, do not have legal sports betting, while others like Arizona, Arkansas, Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, and Louisiana do allow it. Other states, such as California and Kentucky, have proposed legislation to legalize sports betting but have not yet done so. In Georgia, bills to legalize sports betting failed to pass in the legislature in March 2023.
April 5, 2023

Macau Continues to Rebound

The Macau casino industry is rebounding after a dismal 2022 performance, but it is still behind what some analysts consider a solid recovery compared to pre-pandemic 2019 levels. The region’s gaming revenue total for the first three months of 2023 was more than $4.3 billion, but still over 50 percent behind 2019 levels. The March gaming revenue total was $1.53 billion, a 247 percent increase from the previous year and Macau’s highest monthly revenue figure in 38 months. However, analysts expect the next few months to be a roller coaster as China goes through the ebbs and flows of reopening. Las Vegas Sands, MGM Resorts International, and Wynn Resorts are three of Macau’s six gaming license holders, and are expected to provide additional insights when […]
April 5, 2023

South Carolina’s Sports Betting Bill Faces Uncertain Legislative Journey

South Carolina’s House Ways and Means Subcommittee on Revenue Policy began hearings on a sports betting bill (H.B. 3749) that would legalize up to eight sports betting apps, with no prohibitions on college sports, and available to anyone 18 years or older. This marks the state’s fourth time considering a sports betting bill in five years, and Governor Henry McMaster has been a staunch opponent. The bill would have to make it past the full committee vote before reaching the governor’s desk, but no sports betting bill has made it beyond the committee stages thus far. NASCAR and the PGA Tour representatives testified during the hearing, and the bill designates each for one of the eight licenses due to their physical presence in the state, […]