Show all Results

Captain Gambling: Weekly Industry News Update – 11/15/2020

Author: Michael McKean
Last update on: November 15th, 2020
Topic: News
Experiences Tipping

Welcome to Captain Gambling’s weekly industry news digest! Our experts are here to give you all of the latest updates regarding gambling legislation in states across the United States. On November 3rd, Maryland, South Dakota and Louisiana legalized sports betting, this week we take a look at what’s next for each state

This week’s top stories:

  • South Dakota getting ready to bet
  • What comes next for Maryland sports betting?
  • When will Louisiana residents place their first bet?
  • Indiana reposts record breaking sports betting handle for October

South Dakota

South Dakota was among the three states to legalize sports wagering on the election ballot on November 3rd. Residents of the Mount Rushmore state can now expect to start betting in the early throws of 2021. However, as things stand, the proposal will only see sports wagering added to the services of the brick-and-mortar casinos in Deadwood, South Dakota’s answer to Las Vegas. It is yet unclear if or when South Dakota residents will be able to enjoy mobile sports wagering.

Maryland

Alongside South Dakota and Lousiana, Maryland residents voted to legalize sports wagering on November 3rd. However, there's still a long road ahead and Maryland’s population will likely have a long wait before they can actually place their first wager. The approved measure merely gives the state the green light for the concept of sports betting, quite how they want to implement that content has yet to be decided. Maryland Lottery and Gaming Director, Gordon Medenica, has said "the devil's in the details, and there will be many details to come."

Louisiana

Following their vote to legalize sports betting in the majority of parishes, Louisiana residents have been told to expect to be able to bet on American sports by late 2021 or early 2022. Before bets can be placed, lawmakers in the Pelican State will need to iron out the details of just how legal sports betting will be implemented. The biggest decision to be made is when it comes to allowing online and mobile sports wagering, which is what the states with more liberal sports betting laws enjoy, such as New Jersey. 

Indiana

Indiana last month set a new record, as they raked in a sports betting handle of $230.9 million in October. This was the second consecutive month that Indiana saw sports betting takings pass the $200 million mark. The figures came partly thanks to a congested sports calendar in the US thanks to Covid-19 rescheduling. However, with all major sports leagues playing in November, as well as the Golf Masters, we could still see that record broken yet again in November.

Other News