If you love sports, you will be happy to know that several states in the US now allow online betting. The industry is booming and it’s growing more and more popular. But, before you start placing wagers, it’s important to check the laws in your state.
Online betting is legal in seven states, including Maryland, New Jersey, and Pennsylvania. However, the federal government prohibits betting at offshore sportsbooks, meaning that you could lose your money. This is why you need to find a reliable online betting site.
In addition to offering online betting, Virginia is also home to casinos. Gambling at casinos is regulated and there is a 15% tax on all operators. There are three retail sportsbooks available in the state.
Maryland voters approved a referendum in 2020 that will legalize sports betting. Although the law did not designate a launch date, online sports betting is expected to go live in late 2022 or early 2023.
Pennsylvania is the fourth largest state to permit online gambling. Its residents can place their first wagers in 2023. That is just after the start of the college basketball season.
Connecticut is the next state to join the ranks of the states that allow online sports betting. The state passed a law in May of 2021 that permits online gambling. Unlike Virginia and Maryland, it does not allow in-person registration.
Illinois joined the sports betting scene in March of 2020. The state’s law does not specify a launch date, but regulators believe that online sports betting will go live by August or September of 2022.