It seems that the majority of federal states in the USA decided to follow the trend of legalizing sports betting. Since the Supreme Court lifted a federal ban on this matter back in May 2018, many states rushed to allow this type of gambling on their territory. All that in order to boost their economies and add one more source of tax revenue.
When talking about the sports betting industry, taxes are not the only thing that improves one economy. The state budgets are also receiving income from licenses, and we can’t neglect the fact that a solid number of people will work in this sector, which is also very important. The most significant thing is the fact that the money will stay in that state instead of going away to different ones via direct or online betting.
The first state to legalize sports betting following the decision of the Supreme Court was Delaware, Illinois did that during this autumn, some other states did it in 2018, etc. However, two of the most prominent are Nevada and New Jersey. They are, after all, the synonym for this industry, not only in the United States but abroad too.
Las Vegas is the most famous place in the world when it comes to gambling, and there are just a few locations on the globe where you can see such fantastic casinos. Millions and millions of tourists come to visit this place and try their luck. Their main purpose for touring here is not sightseeing, but gambling, and along with that, they reach for other types of fun.
Meanwhile, the only city able to compete with Vegas in this category is Atlantic City. The popular gambling center which attracts big-time bettors from all over the East Coast. It is equally glamorous like Las Vegas, although not so popular in some aspects.
Now, these two states are the leaders in handling money generated from sports betting and combined, they make almost a billion per month. It is quite unreal, and these two states have massive potential for growth once the entire competition lands. Places where you can bet on sports in New Jersey, are yet to increase their presence due to the constant arrival of various brands from across the world, but predominantly the European ones.
For example, Unibet has launched an online sportsbook here in NJ, in partnership with the Hard Rock Hotel and Casino based in the above-mentioned Atlantic City. They also became the sponsors of the New Jersey Devils, making a big entrance in this area. Also, this brand has signed a deal with the Philadelphia Eagles,
trying to be present in all sports, and the way it seems we might see them clinching a partnership with another big US franchise in the near future.
The legislation of sports betting in the US states is also good for the punters themselves as they have more options at their disposal when gambling. With the European brands coming in, various new markets will appear, and no doubt, a much wider range of sports and other areas suitable for betting. Some new strategies of betting will arrive, and the American clients will now have the best of both worlds, to say it like that.
Also, the brands will compete among themselves, and neither would have a monopoly. In their race to attract the majority of clients and get the biggest share of the market, they will offer numerous benefits for the clients, all to lure him in their team. That is very good for anyone who loves to bet, regardless of his intentions. You will get a chance to reduce the risk of losing money by using any of those features.
Bonuses, promotions, special offers, all this is a standard offer of every serious bookmaker brand on the market. One can benefit from that quite well we need to say, and it is something which shouldn’t be underestimated, especially if you decide to invest some larger amounts of cash into your betting venture.
So take some time, explore all the new possibilities, and use them in the best possible way.
