Several states have embraced online betting, including Pennsylvania, Maryland, Michigan, New Jersey, and Virginia. Each has a different set of rules and requirements, so be sure to check each individual state’s laws before placing a bet.
Pennsylvania and New Jersey became the first states to legalize online sports betting after the Supreme Court overturned PASPA, a federal law that prevented states from legalizing sports betting. Pennsylvania passed a bill that allowed a dozen online sportsbooks.
Maryland’s sports betting law was passed during the 2020 election. The law has several loopholes, but lawmakers have since tightened them. The state lottery will be responsible for running the sports betting market. However, other companies can also offer sportsbooks. There are at least seven online sportsbooks in Maryland.
Nevada has a limited number of betting locations. Only six retail locations are open. However, the state’s lottery has a monopoly over in-person betting. This makes it difficult to build a robust market. The state requires bettors to register in person.
Wyoming, meanwhile, has an online-only market that went live in September 2021. The state is expected to have at least five apps in the beginning.
Montana has a small population and little betting options. The state’s three casinos must partner with national sportsbooks to offer in-state bets. This means that Nevada is the gold standard for in-person betting. The National Basketball Association draft and other futures are available at a number of sportsbooks.
Colorado approved sports betting in the November election. The state has grown into one of the strongest markets in the nation.