Online and Mobile Betting Drive Industry

It seems that there has been a clear advantage given to states that allow relatively restriction free mobile betting and online gambling. This can be seen the most in states such as Mississippi, who have brought in a considerably lower amount of revenue compared to states like New Jersey and Nevada.

New Jersey, which offers state-wide online gambling and betting, has brought in tens of millions. All while other states are struggling to bring in amounts close to a  million. Legislature have questioned where they went wrong, but it seems that the range of online betting permitted is the problem. It is estimated that nearly 80% of bets placed in New Jersey are done so mobility.

While states like New Jersey and Nevada are reaping in the benefits, other states are taking a hit by either outlawing mobile play or subjecting it to strict locational play. By outlawing mobile play, states are missing out on a very large revenue, like the record $318.9 million worth of wagers placed in NJ during May.

Where it comes from

It may seem like restricting mobile play may not be that big of a deal, but it truly is what separates the boys from the men. States that do not offer mobile play restrict their online play to the sportsbook or casino that they are based out of. Others do not offer mobile play all together.

By requiring all of there gamblers to travel to these locations, casinos and sportsbooks are missing out on a considerable amount of their audience. Some bettors may not have the means to travel to a betting location, or do not have the money to do so. Along with that, some states do not have sportsbooks or casinos fully developed into their states. If a state only has one sportsbook, it is missing out on the revenue that people across the state could contribute.

The only option for them to combat these problems is mobile play. By offering their citizens mobile play, those that cannot travel or simply missing due to location, can finally play. Bettors are allowed to wage whatever they want, whenever they want, on whatever they want.

 

Current legal betting

Finding a place to bet can be relatively hard, especially if you are new to the industry. No worries, we have a list of the current states that allow sports betting. In addition, states with legalized but not fully launched gambling/betting are listed below. 

Legal and Operational Betting

  • Nevada
  • New Mexico
  • Iowa
  • Arkansas
  • Indiana
  • Mississippi
  • West Virginia
  • Pennsylvania
  • New York
  • Rhode Island
  • Delaware

Legalized, but awaiting full launch

  • Oregon
  • Montana
  • Illinois
  • Tennessee
  • North Carolina
  • Washington, D.C.
  • New Hampshire

With all of these states joining in on the profits that online gambling foresees, they are fighting for one thing: balance. States are trying to figure out the balance in which they should permit online play and brick-and- mortar play. 

New Jersey is an example of what states would call full-fledged play. They allow for all to make bets anywhere online and within Atlantic City based casinos.. Mississippi is on the other end of the spectrum. They allow for online betting, but you must be in the vicinity of the sportsbook if you are wanting to do so. 

While all of these lawmakers can see the benefits that full-fledged play offers, they are most concerned for the gambling problems that may arise for their citizens. This may seem like the case, as it would give more opportunities to play. However, other lawmakers have countered this with wait times and off-shore sites.

Off-shore gambling

It may seem like a problem that people will have more places to gamble, but lawmakers say that if they truly want to gamble they will/already are utilizing off-shore betting sites. These sites, such as Bovada, are based outside of the United States and target those inside. You can place bets on your favorite sports team and play all of your favorite casino games on these sites.

Sites like these are taking away a considerable amount of profit from gambling states. There are no taxes being paid, also no money being flushed through their economy. By allowing internal mobile play, off-shore sites like this become seemingly pointless. 

Over-crowding

Lawmakers also argue that making mobile betting legal, that the cluster of lines and people at sportsbooks would be solved. On your average weekend, sportsbooks are so full they can barely operate. People who traveled across the state in many cases, can not get their bets across before they shut down for the night. This is a waste of people’s valuable time and money. Money that could eventually end up in the state’s hands through taxes.

The mobile move

Mobile and online gambling has been legalized for all states to use since the late 2000’s. Currently, it is up to each state and their legislature on whether or not they want to permit play. As you would expect, most conservative states have stayed away from legalizing and more liberal states have given to go-ahead.

Online play offers much more than what you would expect. By playing online, you are automatically utilizing heightened security though commission regulated sites. All sites must pass certain specs that allow for clear and safe play. 

Mobile apps also go through stringent verification before they are launched for public use. This guarantees that you are playing in a safe manner. These apps are also very user friendly, due to the constant competition that each cooperation uses. No matter what site you decide to play on, you are sure to find a friendly and very clean environment.

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