Last Updated on October 28, 2020
Election Day is right around the corner, and while the most important vote will obviously be between presidential candidates Donald Trump and Joe Biden, there are significant storylines when it comes to sports betting in various states.
The 2020 ballots for Louisiana, Maryland, and South Dakota will all include the legalization of sports betting in some way, shape, or form.
In Louisiana, the 64 parishes will vote on this concept en route to potentially legalizing sports betting. If the vote passes, the state legislature would then be allowed to construct and implement a law when it comes to the overall outline of sports betting. With that said, it’s unclear at this moment in time when the legalization would go into effect, as the next legislative session begins April 12 of next year.
As far as Maryland is concerned, a recent poll concluded that 60% of residents intended to vote “yes” on the matter in comparison to “no” for 28% of residents. The “undecided” side, on the other hand, possessed 12%. If the vote were to ultimately pass this year, it would be sort of the same story as with Louisiana, in a sense that a law would need to be passed permitting the act of sports betting, and from there, an outline on sports betting would then need to be constructed. The legislative session will not open until Jan. 13 of next year.
Top five U.S. states by sports betting handle in Sept. 2020:
1. New Jersey: $748,5 million
2. Nevada: $575 mil
3. Pennsylvania: $462.7 mil
4. Colorado: $207.6 mil
5. Indiana: $207.4 mil
— VSiN (@VSiNLive) October 28, 2020
And finally, in South Dakota, a poll portrays that the majority of the state approves of the legalization, according to The Deadwood Gaming Association. But just like the other states, a passed vote would mean a law would then need to be implemented in order to construct the sports betting framework. The upcoming legislative session in South Dakota opens prior to the other two aforementioned states, with the session beginning on Jan. 12, 2021.
While the start date of the potential legalization of sports betting for each of the aforementioned states is currently undetermined, optimism should be employed with Election Day approaching.