Recently we reported on the situation in Montana regarding sports betting. Even if it seemed that sports betting in Montana could start soon, it might not happen for a while longer. On the other side, there is a new bill in Alabama that targets the legalisation of sports betting in the state. Alabama’s House of Representatives will go through the new bill that is going after legalising land-based and mobile sports betting. The House Bill 336 was introduced last week and is sponsored by Representative John Rogers.
The bill foresees four licences if it passes into law
The House Bill 336 is currently at the House Committee on Economic Development and Tourism after being introduced. It states that sports betting should be legalised in Alabama and with its approval, the customers will be able to place sports bets in person at approved locations across the state. If the bill passes into law, four relevant licences will be offered to the operators that are interested in launching sports betting in Alabama. In addition, there will be Alabama Sports Wagering Commission created with the purpose to award these licences.
The four types of licences include operator licence, supplier licence, occupational licence, and management licence. The operator licence will allow the holder to run sports betting at a licenced location in the state. On the other side, the supplier licence will allow the holder to supply an approved location with sports betting services and equipment. Moving on, the occupational licence will be offered to racetracks and gaming facilities to include sports betting in their offerings. Finally, the management licence will allow the holder to provide management services to a licenced sports betting location.
If the bill is approved by the House, Senate and Governor, legal sports betting in Alabama will be limited to players that are at least 21 years of age. Also, sports betting will be allowed on all professional sports events, college sports events, motor racing, and all other sports events that are approved by the Alabama Sports Wagering Commission. The bill will enter into force immediately after its approval.
In the meantime, new sports betting licences are on their way to Illinois
Sports betting was legalised in Illinois last year, and the Illinois Gaming Board (IGB) approved three licences in January. However, there are three more licences waiting to be approved, and progress is being made. Among the new operators that are waiting for their sports betting licences are Boyd Gaming and Penn National Gaming.
Currently, there is no specific date on when sports wagers will legally be allowed at these casinos. It is expected that their sports betting licences will be officialised ahead of March Madness, the NCAA men’s basketball championship games, in order to catch one of the most popular betting events in the country.
In addition, there will be mobile sports betting introduced in Illinois, which will increase the state’s revenue even more. There are also speculations that some sports stadiums will set up their own sportsbooks. We are yet to see how will things work out in the end.