With the chance that the US Supreme Court will soon strike down the federal prohibition on sports gambling, many state legislatures are attempting to pass sports gaming legislation ahead of the Court’s decision. This process is being handled like a gokd rush, similar to 2016 and 2017, when state lawmakers had set their sights on fantasy sports. Because of their current laser focus on sports betting, legislatures are overlooking another great opportunity: online gambling. However, some lawmakers in Missouri and Connecticut specifically are looking more seriously at bills that would legalize all types of mobile gambling, including but not exclusively sports.
- With the chance that the US Supreme Court will strike down the federal prohibition of sports gambling, lawmakers across the country are rushing to pass legislation before the Court issues a ruling.
- Representative Peter Merideth of Missouri is concerned that the state should be looking at online gambling as a whole and not just sports betting.
- Four states have already legalized online gambling and Connecticut estimates that online gaming will generate over twice the revenue as legal sports betting.
“But the rush (a fear of missing out) bears a striking resemblance to how daily fantasy sports (DFS) was handled in 2016 and 2017, when high-priced lobbyists regaled state lawmakers with tales of DFS being a modern day El Dorado.”