Several states in the US are considering bills regarding sports betting as the United States Supreme Court is set to rule in the Christie vs. NCAA case later on this year. It seems most everyone feels the court will rule in New Jersey’s favor and decide that the Professional and Amateur Sports Protection Act is unconstitutional. If this ruling is made, states with legislation in place will be able to offer sports betting legally. Massachusetts just announced consideration for the possible introduction of the industry nationwide and now, three more states are in the mix.
Legislation has popped up in Iowa, Illinois and Missouri, with each state having the potential to be ready to offer sports betting if the option comes to pass. It will be interesting to see if these bills move forward and how many states will be ready if sports betting becomes a reality in the US across the board.
The Illinois sports betting bill is titled the Sports Betting Consumer Protection Act, or S 2478. This bill was created by Senator Don Harmon and would set up the basics for sports betting legalization and regulation. It is not apparent which agency would be in charge of the industry.
In Iowa, the legislation was just introduced this week by a subcommittee. H 592 would allow the licensed casinos in the state as well as horse race tracks to provide sports betting options. It does seem the tax rate for the state is set pretty high and terms are a bit confusing.
In Missouri, the bill is H 2320 and was introduced by Representative Bart Korman. The bill is the first of its kind for the state involving sports betting. Casino boats in the state would be allowed to offer sports betting and daily fantasy sports betting companies would also have permission to offer such wagering options.
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