The coronavirus aftermath in the US has yet to be fully realized but one thing can be widely and accurately projected for every state in the Union - a mind-numbing financial cost. How states will deal with inevitable budget shortfalls remains to be seen but legal sports betting platforms are being floated as an alternative revenue generator and as a way to at least mitigate some of the seemingly immeasurable costs of the global pandemic.
California has been in a puzzling battle to bring legal sports betting to the state since the 2018 Supreme Court decision to eliminate the blanket ban on wagering across the country. But after years of negotiation and legal wrangling, California's desire to become the latest to welcome legal sports betting is finally showing some signs of life.
The impact of online sports betting is undeniable, despite facing a couple of very rough months because of the global pandemic, the industry in America just hit the $22 billion mark in terms of bets taken in, both at retail facilities and online.
The legalization process in Ohio has been a contentious one, dating back to April 2019. But Wednesday's Ohio House Finance Committee signaled that the state is ready and willing to finally formalize their own retail and mobile sports betting platforms.
The Washington, D.C. Office of Lottery and Gaming has finally determined a jumping-off-point for its legal sports betting platform. Originally slated to be launched in March and eventually shelved due to the coronavirus pandemic, GambetDC is scheduled be ready at the end of May after a long tough battle with the first bets in DC officially taking place in early June.
It has been a long, tough haul for the legal sports betting industry in the United States but there are signs that a once skyrocketing business is about to return to glory. The grand-daddy of betting states Nevada, after shuttering their casinos since the middle of March has announced the tentative opening of its iconic casinos starting June 4.