Sports Betting Since NCAA Final Four
Online sports betting is legal in over twenty-four states, while many have very little in-person gambling. We are tracking all fifty states (and Washington D.C.). We’ll publish the status of each state at a later date. For now, we are reviewing how things are going in Utah.
Legalities. Online sports betting has been illegal in many jurisdictions for some time but it wasn’t until recently that recreational betting was legalized in the State of Utah. Many laws were passed in response to the World Wide Web, including those that govern in-person gambling. It took until recently for online sports betting to be legalized in the State of Utah, after the legislature passed a bill to do just that. Now, online sports betting has been legalized in the State of Utah.
Sportsbook odds are still quite favorable for online sports betting. However, the State of Utah changed how they regulated sports betting by exempting the sportsbooks from having to report winnings and losses. This was a controversial move for many sportsbooks, who felt this was an opportunity for the law to become weak, which they believe could lead to corruption. The new law does not legalize sports betting, but it does legalize sportsbook odds.
Two possible future changes to come out of the State of Utah are the possibility of gaming software being offered through the internet and potential tribal action. Gaming software refers to proprietary software used by the gaming companies to facilitate online sports betting. In the past, some gaming websites allowed customers to play through their websites with downloadable software. This meant that customers could bet on sports via the website, without ever having to leave the site. The software was never available for in-house use or to use anywhere else, which many customers and gaming companies complained about. One issue that constantly came up is that customers had to log on each time they wanted to place a sports bet, which could disrupt their work or daily schedule.
Tribal action is something that did not happen in the State of Utah recently. In July, the state legislature passed a bill that prohibits members of the state’s four tribes from taking bets on the state of Utah. The only time this has come up in the past was when state residents could bet on a game between two teams from Utah, and if they happened to win, they got two dollars each. Currently, only the Hopi and Zuni Indians can place sports bets on the state of Utah.
Online gambling in Utah was already illegal under U.S. law before the July bill was passed. Now that the law is in force, all casinos must get the consent of the State of Utah before offering any form of gambling to customers. This makes online sports betting on the Internet almost impossible in the state of Utah.
Sportsbooks have also been waiting for a long time for the legalized sports betting in Utah to finally happen. Many have already indicated that they have reserved the entire sportsbook accounts for the upcoming World Cup soccer tournament in South Korea. Others have said that they will not be placing a bet on the event because it is still illegal under federal law in the State of Utah. The wait is almost over for the cities in the state to start allowing live gamblers to place sports bets on the World Cup games.
There is still need for the state legislature to pass laws that regulate live betting though. There are still a lot of debating and possible changes to the current law in the state of Utah. The Native Americans are still in favor of legalized sports betting, but they need to see the governing bodies of different states actually take a stance on the matter before they fully support it. Until such time, you can expect sportsbooks to continue to monitor the situation in Utah and wait for the legislature to take a stance.