Jackpot! Gambling expansion in the U. S. wins big

The U.S. gambling industry won big at the polls Tuesday, with three states authorizing legal sports betting and three others either approving or expanding casino gambling.

Maryland, South Dakota and Louisiana approved sports betting. That sets up a situation in which by the end of next year more than half the country could have legal sports betting, less than three years after a U.S. Supreme Court ruling cleared the way for all 50 states to adopt it if they chose.

Legalized sports betting began this week in Tennessee after the Tennessee Education Lottery Corporation regulators approved sports betting rules in April. The first four licensed sportsbooks — Draftkings, Action

24/ 7, BetMGM, and FanDuel — went live on Nov. 1 with their mobile apps for Tennessse.

In neighboring Virginia, voters approved casino gambling in four locations, including Bristol near the Tennessee border.

Also during this week’s elections, Nebraska authorized adding casino games at its horse racing tracks, and Colorado expanded the number and type of casino games it can offer, along with eliminating some wagering limits.

“It appears that Americans are becoming increasingly comfortable with legalized gambling,” said David Schwartz, a gambling historian with the University of Nevada Las Vegas. “The addition of casinos in Virginia and racetrack casinos in Nebraska indicates that casino-style gambling is on the upswing as well. We have reached a point where voters seem satisfied that legalizing gambling will offer positive returns for their state.”

The American Gaming Association, the casino industry’s main trade group, hailed the expansion votes.

“As a result of successful ballot measures in six gaming states, more Americans will have access to much needed job opportunities, dedicated tax revenue, and safe, regulated entertainment options closer to home,” said Bill Miller, the organization’s CEO.

By the end of 2021, at least 25 states and the District of Columbia could have legal sports betting in place.

Voters in four Virginia cities — Bristol, Danville, Portsmouth and Norfolk — approved ballot measures authorizing casinos.

Caesars Entertainment released a statement thanking voters for approving the Danville proposal.

“We look forward to fulfilling the trust the voters have placed in us by bringing 1,300 good- paying jobs, tourism dollars and economic development to the city, and we are incredibly excited to begin construction,” CEO Tom Reeg said.

“It appears that Americans are becoming increasingly comfortable with legalized gambling.”

— DAVID SCHWARTZ, GAMBLING HISTORIAN WITH THE UNIVERSITY OF NEVADA LAS VEGAS