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Sports BettingOctober 10, 2020·1 min read
Five U.S. States May Legalize Sports Betting in November
Five U.S. states are poised to legalize sports betting this November as local governments seek new revenue streams. South Dakota, Arizona, and Maryland will consider legalizing sports betting in November. Colorado, where sports betting is already legal, wants to increase the maximum bet limit from $100. Nebraska will consider opening gambling establishments in the state.
Louisiana and Maryland's initiatives are less clear due to lack of regulatory mechanisms in their proposed laws. If these states legalize sports betting, it will be legal in half of the U.S. states. Louisiana will vote on legalizing sports betting region by region, not statewide.
This move comes as local officials desperately search for additional funding sources to gain political advantages before elections.
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