Category Archives: Online Gambling

Market Overview

The online gambling market is expected to register a CAGR of 11.49% during the forecast period, 2021-2026.

The COVID-19 pandemic positively impacted the market, as consumers turned more toward the online platform to bridge their financial, social, and psychological crisis during lockdowns. One of the research conducted by the Lund University, Sweden, found that due to restrictions in sports events due to lockdowns, consumers have surged their interest in online gambling platforms. Moreover, in response to the closure of many gambling establishments, several operators went digital. Many players expanded their online gambling offerings, and bingo operators moved their offerings online, which positively impacted the market.

Over the medium term, online betting is expected to be the fastest-growing segment. Artificial intelligence, Chabot, and machine learning have taken over the market. The rise in the number of the female population in casinos and the convenience of the cashless mode of payment during gaming are likely to boost the online gambling market during the forecast period. Furthermore, operators are creating a variety of interesting tournaments and promotions, which might be interesting to beginners. Bonus programs are growing every day, along with more betting opportunities.

Online gambling companies are likely to expand their sport betting options after sports betting was legalized in the United States by the Supreme Court in 2018, which is further supporting the markets growth. However, the increasing presence of online casino scams, and stringent regulations in certain countries of the world related to online gambling are expected to hinder the market growth rate.

Online gambling is typically betting on casino or sports-type games over the internet. The temperament of gambling may vary from sports bets to casino-style games. Some examples are roulette, poker, slots, lotteries, bingo, and keno. The report on the global online gambling market (henceforth referred to as the market studied) offers an in-depth analysis on the growth prospects of the market, along with an emphasis on the current and upcoming trends and opportunities in the market studied.

The online gambling market has been segmented by game type, end user, and geography. By game type, the market studied has been segmented into sports betting, casino, lottery, and bingo. In terms of sports betting, the market studied has been further segmented into football, horse racing, e-sports, and other sports bettings. By casino, the market studied has been further bifurcated into live casino, slots, baccarat, blackjack, and other casino games. Based on the end user, the market studied has been segmented into desktop and mobile. In terms of geography, the market covers major countries in North America, Europe, Asia-Pacific, and Rest of the World. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).

Report scope can becustomized per your requirements. Click here.

The online betting segment is predominantly applied in the sports category, especially in football events, such as FIFA World Cup and European Championships. Many of the online sports betting companies are sponsoring different teams as a part of their marketing initiatives and strategic expansions. For instance, the Bwin brand, a pioneering online sports brand across Continental Europe, attained global recognition through high-profile sponsorships with football clubs, such as Real Madrid and AC Milan. Additionally, companies are focusing on developing innovative platforms to cater to various customer requirements and achieve a competitive advantage in a highly competitive market.

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The current legislative framework for online betting in the United States allows only bookmakers licensed in Nevada, Pennsylvania, and New Jersey to operate legally, as these are the three states where online betting is regulated. Pennsylvania is the fourth and biggest state to legalize and regulate online gambling. The new law allows for online casinos, online poker, sports betting, and more. New Jersey is currently the largest market for regulated online gambling in the United States. There are a number of sportsbooks, and online sports betting apps live in the state. Canada is largely an unregulated country in terms of online gaming. At the same time, Mexico is reviewing its gambling laws with the aim to regulate the online gambling sector to bring it in line with the rest of the nations gambling industry. Therefore, the increasing regularization of online gambling in the North American countries and their respective states is expected to drive the market further.

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The global casino gambling market is a highly fragmented market and comprises of regional and global players. The market is dominated by key players, like Bet365, Entain PLC, The Flutter Entertainment PLC, and Kindred Group PLC.Major players are focusing on mergers and acquisitions, partnerships, and product innovation to expand their presence in the global market and to enhance their brand portfolio to cater to various preferences of the consumers. Merger and acquisition is the most preferred strategy followed by expansion, in the online gambling market, globally. Key players compete on various factors, including offerings, quality of gambling content, user experience, brand equity, personalized payoffs, and access to various platforms.

1. INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porter's Five Forces Analysis

4.3.1 Threat of New Entrants

4.3.2 Bargaining Power of Buyers/Consumers

4.3.3 Bargaining Power of Suppliers

4.3.4 Threat of Substitute Products

4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

5.1 By Game Type

5.1.1 Sports Betting

5.1.1.1 Football

5.1.1.2 Horse Racing

5.1.1.3 E-sports

5.1.1.4 Other Sports

5.1.2 Casino

5.1.2.1 Live Casino

5.1.2.2 Baccarat

5.1.2.3 Blackjack

5.1.2.4 Poker

5.1.2.5 Slots

5.1.2.6 Others Casino Games

5.1.3 Lottery

5.1.4 Bingo

5.2 By End User

5.2.1 Desktop

5.2.2 Mobile

5.3 Geography

5.3.1 North America

5.3.1.1 United States

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.1.4 Rest of North America

5.3.2 Europe

5.3.2.1 Germany

5.3.2.2 United Kingdom

5.3.2.3 Russia

5.3.2.4 France

5.3.2.5 Spain

5.3.2.6 Italy

5.3.2.7 Rest of Europe

5.3.3 Asia-Pacific

5.3.3.1 Oceanic Countries

5.3.3.2 Rest of Asia-Pacific

5.3.4 Rest of the World

5.3.4.1 South America

5.3.4.2 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

6.1 Market Share Analysis

6.2 Strategies Adopted by Players

6.3 Most Active Companies

6.4 Company Profiles

6.4.1 Betsson AB

6.4.2 888 Holdings PLC

6.4.3 Sport Pesa

6.4.4 Kindred Group plc

6.4.5 Entain PLC

6.4.6 William Hill PLC

6.4.7 Bet365

6.4.8 LeoVegas AB

6.4.9 Flutter Entertainment PLC

6.4.10 1X Corp NV

*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. IMPACT OF COVID-19 ON THE MARKET

9. DISCLAIMER

**Subject to Availability

What is the study period of this market?

The Online Gambling Market market is studied from 2016 - 2026.

What is the growth rate of Online Gambling Market?

The Online Gambling Market is growing at a CAGR of 11.49% over the next 5 years.

Which region has highest growth rate in Online Gambling Market?

North America is growing at the highest CAGR over 2021- 2026.

Which region has largest share in Online Gambling Market?

Europe holds highest share in 2020.

Who are the key players in Online Gambling Market?

Flutter Entertainment PLC, Entain PLC, BETSSON AB, Bet365, Kindred Group plc are the major companies operating in Online Gambling Market.

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Online Gambling Market | 2021 - 26 | Industry Size, Share ...

Before you stuff those slot winnings in your mattress or splurge on a new toy, just know the government is entitled to a piece. In the state of Michigan, you are required by the letter of the law to report any and all gambling winnings, even the smallest of wins. The government considers those wins as taxable income, at tax rates of 25% for federal, and another 4.25% for the state.

Depending on the game youre playing, a win above a certain dollar amount will trigger the casino to automatically file a W-2G tax form with the IRS on your behalf. If you are fortunate to win $5,000 or more, the casino is also required to automatically withhold the feds cut of 25%. In both cases, you still need to report the income on your tax return.

For more on IRS reporting thresholds, and how to report gambling winnings or losses on your tax forms, visit our comprehensive tax page.

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Michigan Online Gambling - Sports Betting, Casino & Poker News

06/06/07

If youve ever thought about visiting a cyber casino, heres something you should know: its illegal to gamble online in the United States.

You can go to Vegas. You can go to Atlantic City. You can go to a racetrack. You can go to those places and gamble legally. But dont do it online. Its against the law, says Leslie Bryant, head of our Cyber Crime Fraud unit at FBI Headquarters.

That means:

No placing cyber bets on sporting events or in virtual card games;

No transferring money electronically for gambling; and

No wagers in offshore Internet casinos even if you live in the U.S.

Whats allowed? Some free online games, fantasy leagues, and Indian gaming sites that arent strictly defined as Internet gambling.

Its also illegal for businesses to run gambling websites and to solicit online bets. Even companies handling transactions for cyberspace bettors can face federal charges.

Cracking down. Our strategy for tackling illegal online gamblingas a key enforcement agencyis to start with the companies providing the services in the first place. Were going after the people making the moneythe owners of these virtual casinos, gaming rooms, and off-track betting parlors, Bryant says.

We currently have about a dozen of these cases in motion. One of the biggest came last July when a federal grand jury in St. Louis returned a 22-count indictment against 11 individuals and four companies for their involvement in illegal online gaming and related activities. On May 24, one of the companiesBetonSports pled guilty to racketeering charges in the case.

Weve also had success against companies supporting the money flows behind virtual gambling. In January, for example, two Canadians were charged with operating an Internet payment services company that transferred billions of dollars in illegal gambling proceeds between U.S. citizens and the owners of online gambling sites outside the country.

In 2003, another Internet financial services company paid $10 million in a civil agreement to settle allegations that it aided illegal offshore and online gambling agreements. The U.S. government has also settled several cases with online businesses that have accepted money to market virtual gambling operations.

Think a little online gambling cant cost you? Dont bet on it. Even if you dont get caught gambling, you could well lose the money you have in an online gaming account if the company faces charges, since the U.S. government seizes assets in these cases whenever possible.

FYI, here are the primary federal laws that govern online gambling:

For more information on our cyber investigations and operations, see our Cyber Investigations website.

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FBI Online Gambling Is Illegal

A bill that would legalize sports betting across North Carolina probably wont receive passage by the full Legislature in 2021, but advocates hope to push the bill next year.

Senate Bill 688 got the OK by a 12-4 vote from the House Commerce Committee two weeks ago, but the session ends this week. The bill would authorize mobile sports betting in North Carolina and permit the hosts of professional sports venues to set up on-site wagering. The bill would establish a tax rate of 8%, with some of that money going into a fund to promote tourism in the state.

North Carolina has legal sports betting at the two casinos in Cherokee and Murphy operated by the Eastern Band of Cherokee Indians, but those who cannot make it to those facilities are placing their bets through offshore online operators.

Jordan Roberts, the government affairs associate for the John Locke Foundation, told Online Gambling that the bills sponsors seem to be gearing up for a big push during the 2022 legislative session.

The bill sponsors in the House have stated that they understand there may not be the appetite in the waning hours of this session, but they still want to bring it up for discussion in committee to gauge the temperature of the House members and see where the concerns are with the bill, he said.

Roberts expects SB 688 to be one of the first bills considered next year when the Legislature reconvenes.

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North Carolina Sports Betting Likely Dead This Session, Could Arise in... - OnlineGambling.com

IGT is spinning out its online gambling business and could list part of it next year.

The technology provider revealed the plan at an investor day Tuesday in a bid to maximize value from its Digital & Betting business unit.

IGT will establish that division as a separate legal and operating entity over the next 12 months. From there, it will decide whether to list it.

IGT said the new structure would help it attack the high growth online gambling industry.

That structure includes:

The IGT brand might not be well-known by bettors and casino-goers, but its products are.

Its PlaySports technology is behind about 50 US sports betting operations, both retail and online. Current customers include US market leader FanDuel Sportsbook. IGT also provides online casino content.

In Q3 2021, the Digital & Betting business grew 37% year-on-year to $43 million. Adjusted EBITDA was up 66% to $15 million.

The unit is on track for $160 million in revenue this year.

Of course, there is no guarantee the listing will go ahead.

IGT said it would evaluate that decision next year. It will also retain a majority stake in the business regardless.

A lot could depend on the wider market and its appetite for US sports betting companies.

US sports betting stocks are struggling with DraftKings and Penn down more than 40% from their highs.

Similarly, Wynn just cancelled its plans to list part of Wynn Interactive. Wynn Interactive is of course a B2C asset, but the US industry has not been kind to B2B companies either.

Operators are keen to control their own technology and even market leaders like Scientific Games have chosen to focus elsewhere.

That said, IGT was quick to point out it had opportunities in retail sports betting and online casino content, not just online sports betting.

The companys share price was last up around 1% on the New York Stock Exchange following the investor event.

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Why IGT Plans To Spin Out Its Sports Betting Business - Legal Sports Report

A WSU study released Tuesday found that about 14% of Washington residents are open to spending money betting on their favorite sports team.

PULLMAN, Wash. The rapid growth of sport betting at tribal casinos around Washington is expected to become a $94 million business in the next five years, as the state is now open for sports betting, according to a Washington State University (WSU) study.

A WSU study released Tuesday found nearly 14% of Washington residents are likely to participate in Washingtons emerging sports betting industry.

When you think about recreational activities, participation from 14% of the population is significant, Kahlil Philander, the studys principal investigator and assistant professor in the School of Hospitality Business Management at WSU Everett, said in a news release.

The study says the interest in sports betting mirrored that of online gambling across the United States.

Sports organizations and media companies like ESPN and Fox have developed their own national betting brands, Philander said. Meanwhile, typical gambling brands like DraftKings and BetMGM are all over social media and national television advertising. Washington is just starting to learn what the industry will look like in this state.

According to the gambling commission, Washington state was the first state to enact a new sports wagering lawin 2020. People can now legally bet at their favorite sports team in certain Washington tribal casinos. Wagers must be placed in-person through a betting window, kiosk or onsite mobile app at the casino, while online betting from remote locations is not allowed.

In Washington State, nine tribes are approved to practice sports betting. Kalispel Tribe of Indians, which runs the Northern Quest Casino, received approval in September to allow sports wagering on tribal grounds. Other casinos like the Snoqualmie Tribe began offering sports betting in September 2021, and other tribes are expected to follow.

According to the WSU study, if online sports betting from remote locations became legal in Washington in the future, the industry would more than triple, generating about $322 million in annual revenue.

Philander said in addition to the $94 million in annual revenue, sports wagering at tribal casinos will lead to 273 direct jobs.

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Sports betting at Washington tribal casinos expected to become a $94 million industry in five years - KREM.com

The Thai government repatriated 60 Thai workers who were duped into working illegally in Cambodia on Monday.

The matter caught the publics attention as several sources reported that many Thais were deceived into working illegally in Sihanoukville, Cambodia. A ransom was also reportedly demanded from their relatives in exchange of their freedom.

Their request for help eventually found the ears of the government via social media, prompting an instruction made by Prime Minister Prayut Chan-o-cha and Deputy Prime Minister Prawit Wongsuwon, for the Royal Thai Police (RTP) to investigate the network and provide help for the victims.

With cooperation from agencies the including Child Woman Protection and Anti-Human Trafficking centres, police managed to gather enough evidence to ask the court to issue arrest warrants for the network members, comprising four Chinese, four Cambodians and two Thais.

Earlier on Oct 21, investigators apprehended two Thai female suspects, identified as Ubonrat Puttipraisakun, 22, and Tianfeng Sae-li, 28, near the Thai-Cambodian border and they were taken to the Anti-Trafficking in Persons Division (ATPD) for legal proceedings. The duo were wanted on the warrants issued by the Criminal Court on Oct 19.

Assistant national police chief Pol Lt Gen Surachate Hakparn yesterday said that the victims were forced to work illegally. If they had refused, they would be assaulted and sold as slave labourers. The victims were also held so a ransom could be paid by their relatives in Thailand.

After the arrest of the wrongdoers, the RTP on Saturday coordinated with related agencies in Cambodia to provide help for the Thai victims.

All 60 victims arrived in Thailand Monday and Pol Lt Gen Surachate welcomed them himself.

In October, 41 Indonesian nationals, including three females were rescued from the China Project after intervention from the Indonesian Embassy in Cambodia and Sihanoukville security forces.Other operators have reportedly relocated to Koh Kong and other provinces while some have reportedly moved out of Cambodia all together due to rising costs of carrying out their activities here as well as better margins elsewhere, including Liberia, Philippines and Indonesia.

Separately, the armys Burapha Task Force has arrested 29 Cambodian migrants for illegal entry, along with two Thai smugglers near the border in Sa Kaeo.

The Burapha Task Force and Khok Sung police firstly arrested seven Cambodian migrants five men and two women and their two Thai smugglers around Ban Nong Wa village in tambon Nong Muang of Khok Sung district at 3.30am. An interrogation showed that they were seeking jobs in Bangkok and Chon Buri.

At 10.30am, the Burapha Task Force, Klong Hat Task Force and community leaders jointly caught 22 Cambodian migrants 19 men, 2 women and a girl during a search of tambon Tub Prik of Aranyaprathet district.

All confessed they were going in search of jobs in Chon Buri, Chachoengsao and Sa Kaeo. All were later taken to provincial police for legal action. Bangkokpost

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Tricked Thai workers repatriated from Cambodia as online gambling operations relocate elsewhere - Khmer Times

Africa is not traditionally associated with online gambling, however, its industry is growing at a healthy rate. Much like the US, there are areas where gambling is welcomed, and others where it is not, but most of the African countries hover somewhere in the middle; gambling is unregulated and while no local venues are provided, players have access to international online casinos happy to offer their services.

The gambling industry in Africa is still establishing itself, putting it years behind other markets like the US and China, where the gambling sectors are firmly established. The advantage that Africa has is that there are many international online casinos which have been developed for these establishes markets, and these casinos are now offering their services to African customers. This means that they can get immediate access to top quality sites without any teething problems.

A big factor which has contributed to the growth of the industry is an increase in technological penetration. Unlike the countries with the largest online gambling industries where nearly 100% of adults have internet access, most countries in Africa see figures of 50% or less. Of course, online services are going to have difficulties reaching their intended audience if there is no internet or a shortage of internet-ready devices. This also explains why online gambling is more popular in countries like South Africa and Nigeria, where most of the population are connected.

What Does Africas Online Gambling Industry Look Like?

By far the most popular gambling activity across the continent is sports betting. The African people are well known for their love of sports, with European football being a particular favourite. Placing bets is seen as a way of supporting and having faith in your team, as well as a way to hopefully make some more money. This contrasts with countries like China, where casino games are the most popular way for players to gamble online.

Because the majority of African nations have not formally legalised gambling and laid out a clear regulatory framework, they arent directly benefitting from permitting overseas casinos to operate within their borders. Some countries like Tanzania, Kenya, and Ghana, have begun issuing licenses and collecting taxes, and theyve seen a huge increase in tax revenue over the last few years. This money goes directly to the government and allows them to invest in local services and improvements for the benefits of everyone in the country. Because they feel welcomed, new casinos are more likely to invest in these areas.

A Well-Regulated Industry How Africa Could Learn From The UK

Despite having a much smaller population than other economic superpowers, the UK has the third-largest gambling industry in the world. The government were quick to recognise the potential within the sector and quickly laid down plans to make sure they could benefit. All online casinos, whether based within the UK or operating from overseas, have to have a license in order to offer their services to UK citizens. License applications are only granted if companies meet the requirements in terms of service and customer care, as well as promising to pay the going tax rate.

All these rules mean that the UK players only have access to the best online casinos, which operate in an honest way and have good customer service. Sites like 888 online casino provide peace of mind to players, so they can play with confidence knowing that their deposits wont disappear, or their account details be used fraudulently. The UK government also benefits because it collects at least 20% tax on all company profits, money which is spent on education, healthcare, and local provisions like road maintenance.

Could a similar system work in Africa? It must do if the continent is to benefit from the increasing amounts of gambling action its people are engaging in. The last few years have been unpredictable for economies and especially the industries which rely on foreigners like travel and hospitality. Opening the door to online casino operators and taking advantage of systems which already exist, could be the best way for African economies to stabilise and start to grow once again.

The first step would be for more countries to adopt a licensing system to regulate the casinos which are already operating to their citizens. Requiring casinos and sports betting sites to uphold a certain set of standards helps to protect gamblers would raise the reputation of the sector and convince more people to use licenced sites. And collecting tax revenue from those sites can give a much-needed cash injection to developing economies. In Uganda alone, tax revenues from legalised gambling quadrupled between 2014 and 2018, demonstrating just how effective legalisation can be in generating government income.

Conclusion

Like many industries in Africa, the gambling industry is still growing. Unlike others, in most instances it is not directly benefiting local governments through taxation and revenue. The online gambling industry will continue to grow whether it is explicitly legalised or not, because it is becoming easier and more affordable for African citizens to access the internet. Whether countries embrace these changes and ensure they can benefit, is up to them.

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How Africa's Online Gambling Industry compares with others around the world - Daily Sun

Find out everything you need to know about Massachusetts sports betting. Mandatory Credit: Dennis Schneidler-USA TODAY Sports

Massachusetts sports betting is currently illegal but the outlook for legalization is hopeful with a new bill proposed by Governor Charlie Baker in October, 2021.

Although MA sports betting isnt legal, those in can still play for real money on sports via Daily Fantasy Sports sites, with the best available in the Bay State below.

Massachusetts is looking to become the latest in a long line of states to make sports betting legal, with the most recent bill, HD 678, aiming to see both retail and online sports betting be written into law in the very near future.

Casino gambling is legal in the state. However, given sports gambling isnt, so it's no surprise to learn that they have no retail or online sportsbooks live in the state at this time. This looks like it could change in the coming months thanks to bill HD 678.

Online BettingNoMobile BettingNoRetail BettingNoMinimum Age21+

Sports betting is currently not legal in MA, with this being the case despite the state putting forward a bill to do so in 2020, with the most recent bill, HD678, being the states most recent attempt to legalize it.

With this new bill being proposed, it shouldnt be too long before sports betting is signed into law as long as HD678 gets approved by the Senate.

With sports betting yet to be legalized in MA, its currently unknown as to how many sportsbooks will be live in the state once sports betting has been signed into law.

Despite this, the likes of DraftKings, BetMGM and FanDuel are all expected to submit bids to launch to gain sports betting licenses in the Bay state once sports betting rears its head in MA.

Although those in MA cant currently bet on sports in their state, they are surrounded by states that have legalized sports betting within the past few years.

The likes of New Hampshire, Rhode Island and Connecticut have all made sports betting legal in recent times, with New York being Massachusetts only bordering state to have yet signed sports betting into law.

Playing host to cities such as Boston, Worcester and Springfield, it wont be a surprise to see a number of sports betting sites attempt to launch in Massachusetts when the time comes.

With this in mind, were here to go through the biggest and best sportsbooks that will most likely launch in MA once sports betting is finally signed into law.

DraftKings headquarters are currently situated in Boston, with and given theyre already live in the state in the form of a Daily Fantasy Sports site, it would be very surprising to see DK make no attempts to launch in Massachusetts.

Given theyre already live in a number of states across the US, we should be seeing Massachusetts be the latest state to welcome DraftKings sportsbook to their shores when the time comes.

Caesars are one of the biggest names in the US when it comes to gambling, with their famous Caesars Palace in Las Vegas being one of the country's most well-known casinos.

Given they now have a top-of-the-range sportsbook following their acquisition of William Hill earlier this year, expect Caesars to do all they can when it comes to offering their services to those in MA.

Originally starting out in Australia, PointsBet is now one of the US most popular sportsbooks, with PB being live in seven states at the time of writing, with MA certain to be on the list of potential new homes for PointsBets sportsbook.

Given their stature, combined with the business opportunities that present themselves by launching in Massachusetts, seeing PointsBet ignore MA when sports betting is made legal in the state would be hugely surprising.

With sports betting not yet up and running in Massachusetts, those in MS can still wager on sports via the surrounding states, with the likes of New Hampshire and Connecticut both offering online sports betting.

With sports betting yet to be made legal in Massachusetts despite the state trying to pass a bill in 2020, there are no retail sportsbooks operational in MA.

With there being a number of casinos offering regular gambling already in Massachusetts, it wouldnt come as a surprise to see retail sportsbooks launch throughout the state once sports betting is signed into law.

Massachusetts recently received its biggest boost yet when it comes to their attempts to see sports betting legalized, with bill HD678 being proposed by Gov. Baker in late September.

With DraftKings headquartered in the state, MA currently has one thing going for it in their strive to get sports betting written into law, with DK set to do all they can in order to help MA legalize sports betting in the near future.

Theyre charging sportsbooks just $600,000 in total to open operations in the state for when sports betting is eventually legalized, a factor that plays into their hands, especially given neighboring state New York is charging $12M for this same privilege.

With PASPA only being dissolved in 2018, Massachusetts has obviously only been able to try and legalize sports gambling in the last few years, with their first attempt, which came in 2020, failing at the last hurdle.

The bill, H4887, was approved by the House, however the Senate rejected it, with MA failing to get any kind of sports betting legalized at their first attempt.

Despite this setback, MA are now putting forward a new bill, HD 678, with Massachusetts going through with their second attempt to legalize sports betting since PASPAs dissolve.

This bill is yet to be put to the House or the Senate, however with it being put forward by MAs own governor Charlie Baker, itll be very interesting to see how it fares when put to the important bodies.

With Massachusetts being home to a city such as Boston, it wont be a surprise to learn that there are a number of major league sports teams in MA, with these being some of the biggest currently playing in the state.

The Red Sox are one of MLBs most successful teams having won nine World Series titles since their inception in 1901, with their most recent coming in 2018.

Youre able to bet on all of the Red Soxs games for the season, as well as whether you believe Boston will win the World Series, win the American League or make the playoffs.

The Celtics are the second-most successful team in NBA history, winning 17 NBA titles in their history whilst boasting legends such as Bill Russell, Larry Bird and Kevin Garnett in the process.

You can wager on all of the Celtics games for the season, with you also being able to bet on Boston to win the Eastern Conference, the NBA championship and qualify for the playoffs.

The Bruins have won six Stanley Cup titles in their history, however only one of these has come since 1973, with Boston consistently making the playoffs over the course of their history.

Bettors can wager on all of the Bruins games for the current season, as well as being able to place bets on Boston to make the playoffs, win their division, win their conference and win the Stanley Cup.

The Patriots are the most successful team in the NFL, with New England having won six titles during their history, with all of these coming since 2002, with the GOAT Tom Brady playing a huge role in all of these title wins.

All of the Patriots games for the current season can be wagered on, as well as New Englands chances of winning the Super Bowl, winning the AFC East and the AFC.

Note to readers: we may earn a commission from the offers and links on this page.

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Massachusetts Sports Betting: Governor Puts New Bill on Table - nj.com

Find out everything you need to know about Maryland sports betting. Mandatory Credit: Ron Chenoy-USA TODAY Sports

Maryland sports betting was signed into law in May 2021 and looks set to launch at some point in the new year. Find out the latest news on MD sports betting below.

For now, MD residents can play for real money on legal fantasy sports sites. Check out our recommended operators below.

The likes of FanDuel, DraftKings and Monkey Knife Fight are just some of the DFS sites that are currently live in MD, with those in Maryland able to take advantage of these services ahead of sports betting launching in the near future.

Sports betting has been legal in Maryland for a number of months now. Gov. Larry Hogan signed bill HB 940 into law in May 2021, with a list of regulations for sports betting in MD being approved in July 2021.

This came about after Maryland voters approved a ballot to go through with the legalization of sports betting in November 2020. The wheels are now in motion for the eventual legalization of sports betting, most likely in 2022.

A number of high-profile operators are expected to launch their services in MD once the time comes, with the likes of BetMGM, DraftKings and Caesars all reportedly set to apply for licenses so they can launch in the Free state as soon as possible.

Online BettingYesMobile BettingYesRetail BettingYesMinimum Age21+

Sports betting has now been signed into law in the state of Maryland, with this being the case ever since May 2021, a month that saw bill HB 940 signed into law by Gov. Hogan. However sports betting is yet to launch in MD.

As many as eight different online sportsbooks look set to be made available to wager within Maryland once sports betting is launched throughout the state.

13 different MD casinos have also been allowed sportsbook licenses by the state, with these set to open operations when the time comes.

Despite not having sports betting available in their state at this point in time, those in Maryland are surrounded by a number of states in which sports betting options are currently available.

Pennsylvania, Delaware, Virginia and West Virginia are all the states that border MD, with sports betting being legal in all of these

With sports betting on the verge of going live in Maryland, there are a number of operators who are chomping at the bit to set up shop in the Free state, and with this in mind, were here to go over some of the sports betting sites that could potentially launch in MD in the near future.

BetMGM recently agreed a partnership with Marylands own Baltimore Ravens, with the sportsbook set to be advertised around the Ravens M&T Bank Stadium, a place where we may eventually see MGM betting kiosks and a BetMGM retail sportsbook open up.

An additional retail sportsbook looks set to launch in Forest Heights, allowing those in MD a number of places to wager their money with BetMGM in-person.

Caesars are the current owners of the Baltimore Horseshoe Casino, thus are expected to launch a retail sportsbook on these grounds once sports betting goes live throughout the Free state.

With Caesars also being the official casino partner of the Ravens, they should have little-to-no trouble launching their services in the state when the time comes.

FoxBet is a current sports betting partner with both the MLB and NFL, two leagues which boast teams that are located in Maryland, thus demand for the sportsbook to launch in MD is expected to be relatively high.

Itll be interesting to see when FOX Bet eventually launches in Maryland, a factor that looks almost a given at this point given FOX Bet is heavily linked with one of the country's biggest broadcasting networks.

DraftKings have shown their dedication to helping sports betting become legal in Maryland in the past, with DK pledging $250,000 to the Vote Yes to Question 2 campaign that helped sports betting become legal in the state in the first place.

Given this, itll be somewhat shocking if DraftKings dont open proceedings in the Free state on the day in which sports betting launches.

Similarly to DraftKings, FanDuel also donated to the Vote Yes to Question 2 campaign in MD that helped sports betting become legal in the first place, however FanDuel ended up donating $500,000 instead of $250,000, showing just how committed they are to help sports betting launch in the state.

Theyre already live in a number of states throughout the country in both online and retail formats, thus expect FanDuel to rear their heads in MD once the time comes.

PointsBet has a partnership with the Riverboat on the Potomac, one of Marylands four licensed off-track betting sites in the state, thus they already have partial access to the MD market.

With this in mind, they already seem to have the edge over most of their competitors in the race to launch in Maryland, with it now just seemingly like a matter of time before this becomes a fact.

At this point in time, there are no sports betting options, retail or online, currently live in Maryland, with this being the case despite sports betting being signed into law earlier this year.

This shouldnt be the case for much longer however, with it expected to be up and running by the start of 2022 at the very earliest.

Two additional Maryland casinos, the Hollywood Casino in Perryville and the Ocean Downs Casino in Berlin, have been cleared to offer sports betting when the time comes.

Following this, these two casinos have forwarded their recommendations for how to go about enabling the final steps in MDs attempts to get sportsbooks up and running.

Both the Hollywood and Ocean Downs Casino have now joined the MGM National Harbor and Baltimores Horseshoe Casino in becoming the latest casinos to allow sports betting this month, with more expected to follow in November as we edge closer and closer to sports betting operations opening up in the Free state.

Casino gambling had been legal in Maryland for many years before sports betting was finally signed into law, with this only occurring within the last year or so.

The process of introducing sports betting to MD came about after Maryland voters overwhelmingly supported sports wagering in a general election ballot measure.

Bill HB940 was then passed through Maryland state legislature in April 2021, with Governor Harry Logan signing this bill into law in May 2021, with sports betting now in the final stages of launching in the Free state.

Given the state is home to a city as big and populus at Baltimore, it shouldnt be a surprise to learn that Maryland is currently home to a handful of major league sports teams, so weve gone through and listed some of the bets you can place on them at this time.

The Ravens, who currently play in the AFC North, have tasted Super Bowl success twice this century, winning the title in both 2000 and 2012, with the Ravens winning their division six times in their history including twice in the last three seasons.

Youre able to wager on all of the Ravens games for the current season, as well as whether you think theyll win the AFC North, win the Super Bowl and make the playoffs.

Since their inception in 1954, the Orioles have won three World Series titles, however their most recent came all the way back in 1983, with Baltimore also last winning the American League in the same year, which was their seven AL title win in their history.

You able to bet on all of the Orioles games for the next MLB season, how many regular season wins you think theyll manage, whether theyll win the American League or the World Series, as well as whether you believe theyll make the playoffs.

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Maryland Sports Betting: Sites expected to launch in 2022 - nj.com - nj.com