Last updated on March 14th, 2021 at 07:35 am
2021 is a vital year for bookie pay per head providers. Legal sports betting in the US continues to grow, with 14 states and DC allowing mobile wagering on sports. Also, 19 states are considering the legalization of sports wagering through state legislature statute or voter referendum.
If all 19 states approve legal sports wagering, it would more than double the number of states with legal sportsbooks. Thus, 2021 is a crucial year for the pay per head bookie industry. Around twenty states are set to vote on making sports betting legal. If the majority of those states vote for legalization, it has a significant impact on the industry.
Sportsbook software providers are betting on the approvals. They are preparing for a positive outcome from the states that are looking for more revenue. Also, lawmakers are looking at legal sports betting to solve budget deficit problems.
Legal Sports Betting in the US
However, it isn’t easy to pinpoint which states are likely to legalize sports betting this year. The good news is that some states are more likely than others, including New York and Massachusetts. Both states have been working on sports betting legislation for a couple of years.
Wyoming and Maryland passed mobile sports betting legislation in their respective state houses. Thus, they only need approval from the senate to launch their sports wagering markets. On the other hand, Kentucky needs to wait until 2022 for a chance to make sports betting legal.
California, which is expected to be the biggest sports betting market, will also wait for 2022 to legalize sports betting. State senator Bill Dodd promised to put a measure in the 2022 ballot.
Most of the 19 states don’t need to put a measure on ballots to legalize sports wagering. Out of the 19 states, New York and Texas are the most important markets. They can become the most significant state to legalize sports wagering based on estimated players.
