Simona Boshkova | Published 5 May 2020, 9:57 a.m.
The online betting situation in the United States is constantly changing, with more and more states applying for legalising a particular type of gambling. Some of the latest US states that are going to legalise sports betting includes Virginia. The state has approved sports betting bill amendments and is now closer to legalising sports betting.
Moreover, we’ve reported on the sports betting conditions in Tennessee, where the state board finalised and approved sports betting regulations. Despite the high payout cap, the Tennessee board hopes to have sportsbooks live by the time the biggest US professional sports return.
After it was announced on several occasions that online sports betting in Colorado will be launched on May 1st, it finally happened. Additionally, Pennsylvania has welcomed the sports operator DraftKings that has announced the launch of its new online casino product in the state.
Colorado’s online sports betting made its May launch
A couple of weeks ago, it was reported that the Limited Gaming Control Commission started issuing licences to operators that will offer sports betting services in Colorado. Moreover, Colorado sports betting market has been estimated to be worth $6 billion.
Now, Colorado’s sports betting market was finally launched on Friday through DraftKings and its mobile application. Even if there are not many sports to bet on, the launch was still a milestone for the state and the overall US sports betting. Four Colorado licenced sportsbooks welcomed the state’s bettors, and Colorado became the 18th US state to offer some form of legal gambling. Apart from DraftKings, operators Roar Digital’s BetMGM, Rush Street Interactive’s BetRivers and FanDuel launched their services in the state.
Dan Hartman, director of the Colorado Division of Gaming, said that the launch went great. He added that he is extremely proud of the whole process. To be eligible for betting in Colorado, players will have to download sports betting apps and create accounts. The apps show when and where people log in from, so the state will have full control over every placed bet.
Pennsylvania launched online casino through DraftKings
The daily fantasy sports operator and sports betting provider DraftKings has announced the launch of its new online casino services in Pennsylvania. The operator launched its services in partnership with Hollywood Casino and the product is available on the DraftKings sportsbook mobile app.
In his statement, Tim Dent, chief compliance officer for DraftKings, said that DraftKings appreciates the partnership with the Pennsylvania Gaming Control Board. The operator was already present in the Pennsylvania sports betting market through the partnership with Meadows Racetrack and Casino.
Players in Pennsylvania can download the DraftKings application and access the online casino that offers table games such as roulette, three-card poker and blackjack, as well as slot games. Furthermore, the app will include a couple of table games based on the most popular sports and holiday seasons.
Pennsylvania broke its revenue records in March, with the Mount Airy Casino drawing over $3 million in revenue, breaking the record of $2 million set in December 2019. In total, online slots were the main source of income, generating more than $12 million in revenue.
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