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Tennessee in 2020 became the first state to legalize on the internet-only sports betting. New York legislators passed a bill in the Senate that would enable the state’s casinos to operate on line sportsbooks. If on-line/mobile betting legislation eventually passes, New York could come to be the largest sports betting state in the U.S. A proposed bill, A 3963, would authorize sports wagering on athletic events sponsored by colleges and/or universities statewide.
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Combined, the five online gaming states produced revenues of $402.7 million for the quarter, an increase of virtually 254 %. Earlier this month, the American Gaming Association said the impact COVID-19 had on second quarter gaming revenues nationwide amounted to a 79 % decline compared to a year ago. All gaming verticals but 1 – online gaming – showed double-digit decreases. Nevada lawmakers legalized world-wide-web gaming for a short time in 2002.
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