Currently, there are 26 states that offer legal sports betting online. Some states are closer than others to becoming legal. In the future, there may be more states to choose from.
Colorado approved sports betting in November. The state has since become one of the most robust markets in the nation. The state currently boasts $200 million in betting handle per month. The state’s population is very small, so it’s unlikely that the market will be able to support a robust online betting industry.
Montana is another small state with a sparse population. There are only six retail locations in the state. There are also only three tribal casinos in the state. In addition to the lack of betting options, there are some legal loopholes that limit the number of bettors.
The state also does not have a lottery that can run online betting. However, it has passed a law allowing for eight online sportsbooks. It’s also possible for a tribal casino to take bets on the same games.
New Hampshire is another state that has been considering legalizing sports betting. However, the state has limited market size, and the state could face a lot of competition from Massachusetts if it does begin mobile wagering.
Alabama is another football-crazy state. It’s possible to make bets at three tribal casinos in the state. However, the state doesn’t have a lottery that can run sports betting online. Unlike in many other states, Alabama doesn’t have a lottery to run online betting.