If 2020 has taught us anything, it’s that everything, and I mean everything, can change overnight. This theory also applies to the legalization of sports betting.
Ever since the repeal of PASPA in May 2018, individual states have been given the liberty to decide if sports betting should be legal. New Jersey set the pace and one-by-one, states saw themselves introducing bills and passing laws to govern the activity. Needless to say, it’s been a huge boon for the state.
As of today, over a US dozen states now have legal sports betting and it’s expected many more will follow.
As November elections creep up, here are three states that feature a legal sports betting question on their voting ballots.
The Bayou State has discussed the idea of sports betting ever since 2018. But like the Houston Rockets, they can never get over the hump.
This year, a referendum is finally on the ballot that gives voters the opportunity to decide if sports betting is something they want. Voters will only be voting to approve or deny sports betting in their respective parishes.
The initiative is similar to the daily fantasy sports (DFS) vote in 2018. That year, 47 of the states 64 parishes voted to approve DFS contests. Experts anticipate a similar (if not better) outcome for sports betting.
A ‘yes’ vote doesn’t mean people can begin betting. The state legislature would still need to pass a bill enabling legalization and a taxation bill, both to be completed in 2021. Although sports betting isn’t in the state’s immediate future, it does look promising.
Sports betting legalization: HIGH
Talk about a state coming so close, only to have everything crash and burn at the last minute. The professional sports equivalent of the Atlanta Falcons in Super Bowl LI — that’s Maryland.
Back in March, Del. Nick Mosby led an eleventh-hour rally in Tom Brady-like fashion, which ended with the licensing language being stripped from S 4, a bill to legalize sports betting in Maryland. However, Mosby’s concerns were valid. He and other members of the House Legislative Black Caucus felt the bill didn’t do enough to benefit minority-and-women-owned businesses.
But because of this, when election time rolls around, voters will simply be deciding on if lawmakers should proceed with creating and passing a bill. If voters approve, lawmakers will get back to the drawing table and attempt to craft a new sports betting bill.
Sen. Craig Zucker, the architect behind S 4, indicated should everything go according to plan, that the proper authorities could determine how to conduct sports betting as early as January 2021.
Given the time lawmakers will have to sit down and iron out details, don’t expect any more eleventh-hour roadblocks.
Sports Betting legalization: HIGH
The last state we are keeping tabs on is South Dakota. It may not have the largest population but the Mount Rushmore State is similar to this year’s San Diego Padres — irrelevant for over 14 years but now, fun to watch.
All jokes aside, South Dakota has a chance to legalize sports betting but only in the city of Deadwood near the Wyoming border. For this reason, it’s at a disadvantage and low on the list. Regardless, should voters approve sports betting, it could look similar to how it’s done in Washington, D.C. and Delaware.
With limited locations, it would hard to speculate if big-name operations like a DraftKings Sportsbook or FanDuel Sportsbook would try to enter the state. The bright side is, tribal casinos would be lumped in with Deadwood, giving customers a few more options.
South Dakota is more known for its scenery, but perhaps, there’s a chance it can also be known as a state that legalized sports betting in 2020.
Sports Betting Legalization: MEDIUM
Recapping the November activity
Louisiana, Maryland, and South Dakota will each look to legalize sports betting in ways best suited for their respective states. There is not one generic model that fits every jurisdiction. Case in point: not all states have online sports betting, only a few.
Louisiana has not discussed the option of online wagering and South Dakota has all but put the issue to bed. Maryland on the other hand, with its relative proximity to other states with sports betting, would benefit greatly from mobile wagering.
November will bring numerous political and financial implications. But, harkening back to our original theory, things can change in an instant.
*Check back after the November elections to find out the results for each state.