Despite the fact that many states are a long way from launching their online sports betting market, some states did manage to get the ball rolling. The granddaddy of them all was Pennsylvania, which was the first state to officially offer online sports betting.
The Pennsylvania gaming control board required sportsbooks to pay a $10 million license fee and levy a 36% tax rate. The state also enacted a tough law that required in-person registration at a land-based casino. Despite this, the state launched three apps, including the only legal online sportsbook in the state.
New York is no stranger to sports betting. It has five land-based casinos, owned by Bally’s Corporation, and several sportsbooks at Phoenix area stadiums. The state is a popular destination for sports bettors. In fact, retail sports betting has been more successful than its online counterpart.
Connecticut took a little longer to get its online sports betting game on the board, but it did manage to get the ball rolling in a big way. The state enacted a law in May of 2021 that allowed for online sports betting. It also opened the door to other companies to offer sportsbooks. In the end, only one company, Sportsbook Rhode Island, emerged as the go-to sports betting destination in the Ocean State. The company’s website boasts a variety of sports betting products, including the sportsbook, casino, and poker rooms, and it is currently operating smoothly.
Connecticut is still in the process of implementing its sports betting plan, but they are ready to roll out the online sportsbook in September of 2019. The state will likely have at least five apps in the beginning, and they should be ready to roll at some point in the near future.