If you enjoy the thrill of sports betting, you may be interested to know if legalized sports betting is possible in your state. These states include North Carolina, New Jersey, Kentucky, and Georgia. Below, we will look at these four states and how they plan to legalize sports betting. Read on to learn more about the process and potential benefits of sports betting in your state. Then, decide whether or not you’d like to bet on your favorite team.
Legalization of sports betting in North Carolina
It is unclear when the legalization of sports betting in North Carolina will happen. The state’s legislature did not pass a bill to legalize mobile sports betting during the current legislative session, but tribal-owned casinos do offer retail sports wagering. Online sports wagering will have to wait a few more months. Legislators cited concerns over gambling addiction and integrity. Some legislators believe gambling is morally wrong and are reluctant to legalize it.
While the state’s residents are already participating in illegal sports betting online, legalizing it would generate tax revenue that can be used for gambling addiction and to fund youth sports programs. Additionally, tax revenues could help fund athletic departments at seven universities in the UNC system, and attract sporting events to the state. There are many benefits to legalizing sports betting in North Carolina. There are some pros and cons, however. This issue will require careful monitoring and research.
Legalization of sports betting in New Jersey
In October 2014, New Jersey enacted a law partially repealing its prohibition against sports gambling. This repeal allows sports betting to take place in casinos and horse racing tracks (or former racetracks) that have been in business for at least 15 years. This legislation has cleared the way for sports betting in New Jersey, as long as the state follows several rules. This article will examine the process involved. Moreover, we will discuss what happens next.
The legalization of sports gambling in New Jersey has been decades in the making. The landmark decision of the Supreme Court overturned the ban on sports wagering in most states. This bill was passed by the New Jersey State Legislature on Thursday, but no casino could begin accepting bets until Governor Murphy signs it into law. In the meantime, operators urged the governor to sign it into law as soon as possible, because they wanted to start taking bets on major sporting events last Friday. Then, they wanted to open during the Game 4 of the NBA finals and the Subway Series between the Yankees and Mets.
Legalization of sports betting in Kentucky
The question of legalizing sports betting in Kentucky is a divisive issue in the state. While Kentucky doesn’t have a pro sports team or a casino, the state does have a horse-racing commission that regulates pari-mutuel betting. While two Kentucky legislators have spoken in favor of legalizing sports betting, Ohio is on the verge of allowing it. Kentucky is a red-state, but Republicans currently control both houses of the legislature.
Though Kentucky does not have a professional sports team, it does have a thriving college basketball program and is located just across the Ohio River from Cincinnati. Moreover, Kentucky is home to two high-profile NCAA college programs, Western Kentucky University and the University of Louisville. Hence, legalizing sports betting in Kentucky could benefit both Kentucky and Cincinnati. Ultimately, legalizing sports betting in Kentucky could bring in $22.5 million in revenue per year for the state’s economy.
Legalization of sports betting in Georgia
A new proposal would legalize sports betting in Georgia. The bill, House Bill 86, would expand gambling without a constitutional amendment. It is a similar proposal to Senate Resolution 135, which passed the Georgia Senate, but never made it to the House floor. The bill was previously scheduled for the House floor, but was pulled from the agenda after a series of tweaks and failed to gain the support of Republicans. In a poll conducted in 2020, 57% of Georgians favored legalization of sports betting.
However, the current legislation has several flaws. It originally only allows for retail sportsbooks to operate online. A Senate early draft even allowed coin-operated amusement machines to partner with online sportsbooks. Coin-operated amusement machines are already present in thousands of Georgian locations, and they could provide this type of retail sports betting in Georgia. Coin-operated amusement machines could also be found in gas stations, convenience stores, and restaurants.