As the world of online sports betting continues to expand, many states in the US are looking to capitalize on the opportunity to generate revenue through legalizing and regulating this growing industry. In particular, the states of New York, North Carolina, and Oklahoma are currently making headlines as they navigate the complicated landscape of iGaming legislation.
In New York, the status of ESPN’s partnership with Caesars Entertainment to launch a mobile sports betting app is still up in the air. While the deal was initially announced with much fanfare last year, progress has been slow due to political infighting and disagreements over the terms of the partnership. As a result, the launch of the app has been delayed, much to the frustration of both companies and eager bettors in the state.
In North Carolina, retail sports betting is set to become a reality as the state legislature passed a bill legalizing in-person wagering at tribal casinos. This move is a significant step forward for the state, which has traditionally been more conservative when it comes to gambling. With the potential for significant revenue generation, North Carolina is poised to join the growing number of states embracing the benefits of legalized sports betting.
Meanwhile, in Oklahoma, a bill to legalize sports betting is currently making its way through the state legislature. The bill, which would allow for both retail and online wagering, has garnered support from lawmakers and industry stakeholders alike. If passed, Oklahoma could soon become a major player in the iGaming industry, offering a competitive market for sports bettors and operators.
Overall, the state of the Union for ESPN Bet in New York, North Carolina retail sports betting, and the potential legalization of sports betting in Oklahoma reflects the dynamic and evolving nature of the iGaming industry in the US. As more states explore the benefits of legalizing sports betting, the landscape of online wagering continues to expand, offering new opportunities for both bettors and operators alike.