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Captain Gambling: Weekly Industry News Update – 10/11/2020

Welcome to Captain Gambling’s weekly industry news digest, where our experts are here to give you all of the latest updates regarding gambling legislation on a state by state basis. 

This week’s top stories:

  • Online sports betting to go live in Tennessee 
  • Sports betting back on Louisiana ballot
  • Initiatives give Nebraska the potential to legalize sports betting
  • Tribes’ decisions means Oklahoma sports betting looks unlikely

Tennessee 

The long wait for legal sports betting in Tennessee is almost over, as mobile sports betting is set to go live in the state from November 1st. Most of the top sports betting brands in the USA are all set launch operations in Tennessee at midnight when legal betting goes live. DraftKings, FanDuel, and BetMGM are the first 3 to have been given approval from the Sports Wagering Committee of the Tennessee Education Lottery. Additionally, these 3 heavyweights have been joined by BetRivers and Tennessee Action 24/7, a Nashville based newcomer to the betting scene that was approved earlier this week. As well as sports betting itself being legalized, sports betting operators also have the go ahead to offer betting bonuses in the Volunteers state. This means that sports bettors can potentially take advantage of risk free bets, match deposit and no deposit bonuses. 

Lousianna

Sports betting is back on the ballot for the second time in 2 years in Louisiana next month. Voters in all 64 parishes in the state can now decide whether or not to legalize a new form of sports betting in their jurisdiction. Back in 2018, voters in 47 of the state’s 64 parishes voted to legalize online sports fantasy games for cash prizes. This time around, they’ll be voting on the legalization of wagering on sports contests, including football and basketball games. However, should parishes decide to legalize sports betting in their jurisdiction, the legal process means that bettors will have to likely wait until 2022 before legal sports betting goes live. 

Nebraska

According to reports, Initiative 429, a constitutional amendment could potentially pave the way for legalized sports betting in Nebraska. If it goes through, Initiative 429 would effectively create the legal foundations that could facilitate laws to authorize, tax and regulate gambling in the Cornhusker State. Additionally, the measures would legalize “games of chance”, which would apparently cover sports betting. 

Oklahoma

Those in pursuit of legal sports betting in Oklahoma were dealt a huge blow after the Tribes’ compact decision this week. Last month, it looked as if legal sports betting could be on the near horizon when the state supreme court invalidated gaming compacts. However, any such hopes of legal betting were quickly dashed this week when two tribes announced they would still adhere to the compacts despite the state supreme court's invalidation. 

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