Insight
UNITED STATES Sports-betting
US Sports-Betting Update AT A GLANCE DraftKings Winner in New
Hampshire l
Sports Betting Could be
Permitted in Florida l
Montana Lottery Commission
Approves Sports Betting Rules l
Sports Betting off to a Good Start
in Oregon l
NFL Player Suspended for
Betting l
IGT Making Strides in Oregon l
Unibet Becomes Authorized
Sports Betting Operator of the NBA
State Tracker New Hampshire
DraftKings has won the initial tender to provide sports-betting in New Hampshire. Sports betting in the state could launch as early as January. Sports betting will be allowed through as many as 10 bricks and mortar sports betting shops and five online sports books. Sports betting legislation was signed by Gov. Chris Sununu in July creating the Division of Sports Wagering inside the New Hampshire Lottery.
The commission released its scoring, showing that proposals by DraftKings scored the highest for both online and retail sports book. Meanwhile Intralot won the tender to run sports betting via the lottery on lottery terminals.
The company already runs the state’s lottery, and will be able to manage the entity’s sports gambling activity through June 2025 through a more restricted product. Intralot will provide New Hampshire with 19.25 percent of its gross revenue from sales at lottery terminals across the state.
Thirteen companies submitted offers to offer sports betting in the state.
“DraftKings is proud to be selected to offer mobile and retail sports
betting in New Hampshire. We look forward to soon providing sports fans in the Granite State with our best-in-class mobile and online Sportsbook product, and welcoming them into our dynamic retail sportsbooks,” a spokesman for DraftKings said.
DraftKings said it would give the state 51 percent of its gross gaming revenues if it was chosen as the exclusive mobile provider. For land based sports betting DraftKings said it will give the state 40 percent of gross revenue for up to 10 retail sports books. Nine cities will hold referendums during municipal elections on whether to allow sports books. One city has already voted in favour.
State Tracker Florida
Florida could be on the way to legalising sports betting thanks to three bills put forward by Sen. Jeff Brandes. Taken together the bills would allow sports betting through the Department of Lottery, which would allow both online and licensees in-person or at a betting kiosk. The senator argues that the bill would help eradicate illegal gambling. The bills outline different possibilities over how the industry might be regulated.
“In absence of a well regulated structure, we’ve seen a complex underground industry developed in Florida, potentially breeding habits of addiction, while robbing our government of revenue that should be collected and remitted for education.
“This Legislation creates a legal framework in which Floridians can choose how to spend their time and money, without worry of being criminalized,” Brandes said.
Sports betting would be organised both by the state lottery and by private licensees. According to the proposed law: “A licensee may have individually branded websites for the purposes of offering a sports pool, each of which may have an accompanying mobile application bearing the same brand as the website.”The proposed new law also may accept wagers only from persons who are 21 years of age or older and who are wagering at a
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self-service kiosks. If approved gambling activities will be directed by the Florida State-Lottery and third-party licensees would be approved by the Lottery. Sports betting operators would have to pay an annual license charge of $100,000, which would need to be renewed every year.
Nevertheless, the chances of Florida passing new sports betting laws in the short term remain slim. In November 2018 Florida voters voted in favour of state constitutional Amendment 3 which takes the right to issue a casino licence away from the Florida Legislature and gives it to the electorate.
Amendment 3 was approved by more than 70 per cent of voters. Rather than a simple vote by the legislature, any new commercial gaming expansion would require 60 per cent of Florida voters to approve a new constitutional amendment. In addition the Seminole Tribe will play a pivotal role in the future of the sports betting industry. The Seminole Tribe, which is eager to protect its share of casino revenue as it owns six casinos in the state, argue that they have exclusivity over offering sports betting in the state via their Hard Rock casinos.
State Tracker Montana
The Montana Lottery has announced that its new sports wagering product will be called Sports Bet Montana. The Montana Lottery Commission approved the official rules in an 18 pages long document.
"We’ve been working hard since May to create and build Sports Bet Montana,” said Lottery director Angela Wong in a press release.
Bettors will have to gamble within establishments that have machines selling lottery tickets already — usually found in taverns or bars. In May Gov. Steve Bullock signed a bill for the state lottery to oversee sports betting. Sports betting in the state will be available in up to 1,400 locations and will be restricted to retail locations that have a sports betting license.
Any facility with an alcohol and
lottery license will be allowed to offer sports betting via betting kiosks or an app inside their establishments that are regulated and approved by the Lottery Commission. Although Montana is home to a small number of land- based casinos most gambling takes place in bars and taverns. Sports betting will be completely under the control of the lottery. Intralot holds the lottery license, with its seven- year contract beginning in 2015 meaning that the company will control the state’s betting kiosks.
State Tracker Oregon
The first month of sports betting in November has seen strong results. The Oregon Lottery Scoreboard app, recorded $17.1 million in stakes during November. A total of 720,084 bets were made with the average stake value standing at $23.76. The lottery generated $960,714 in sports betting revenue.
Basketball was the most popular accounting for just over half of stakes. American football came in second followed by Ice Hockey.
At the moment, only mobile wagering is legal in the State but sports already had “grandfathered” status under PASPA meaning that The Oregon Lottery Commission already had the remit to institute new games.
SBTech-powered sportsbook Scoreboard is the first mobile betting product launched by a US state lottery and allows players to bet on a range of different sports, with a range of bet types such as in play bets and parlay betting. The contract signed by SBTech and the State Lottery in June also covers land-based wagering, with retail kiosks to be rolled out early next year.
Sports betting self-service kiosks will be available via retailers (independent business selling lottery products) throughout the state. In addition to sports betting The Oregon Lottery has one of North America’s most successful VLT programs. Oregonians spend around $88 million on Oregon Lottery products each month. This amount could well decrease as Oregonians switch to sports betting.
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