Draftkings Sportsbook Legal States

  1. Draftkings Sportsbook Legal States 2020
  2. Draftkings Sports Betting States
  3. Draftkings Sportsbook Legal States 2019
  4. Is Draftkings Legal In Massachusetts
Draftkings Sportsbook Legal StatesDraftkings Sportsbook Legal States

Jan 09, 2019 Any state with legal sports betting should be considered a candidate for a DraftKings Sportsbook, really. In this post-PASPA world, company executives have made no secrets about their ambitions. Rhode Island and Delaware have both legalized sports betting, too. Neither operates mobile betting, however, although it is legal in Delaware. Tennessee legalized sports betting in May 2019. Anyone who is at least 21 years of age and is physically within the state of Tennessee can bet with DraftKings Sportsbook there. It operates under our direct mobile license with the Tennessee lottery.

  • DraftKings stock price has risen overnight following the results of several states voting in favor of legal sports betting.
  • Louisiana, Maryland, and South Dakota have all approved sports betting but will need to write concrete laws in their 2021 legislative sessions.
  • Shareholders are expecting DraftKings to aggressively expand into these markets.

BATON ROUGE, La. – Election Day has brought with it more regulated sports betting in the US. Several key states, including Louisiana, Maryland, and South Dakota, have all voted to pass legal sports betting within their borders.

This has had a major effect on popular domestic sportsbook, DraftKings, whose stock prices rose following Election Day.

Draftkings Sports Betting States

Shareholders are seemingly expecting a major expansion into these markets in the coming year, as DraftKings has been at the forefront of most every legal sports betting market so far.

State laws around daily fantasy sports betting are changing all the time and it can be hard to keep track of where DraftKings and FanDuel accept players. Make it easy on yourself and bookmark this page to get the most up-to-date and easy-to-follow info about daily fantasy sports betting and US fantasy sports betting sites. Daily Fantasy Sports for yourself. DraftKings is a global sports technology and entertainment company whose Daily Fantasy Sports contests are governed by both federal and state law. Federal law specifically exempts fantasy sports contests from the prohibitions of the Unlawful Internet Gambling Enforcement Act, or UIGEA. Therefore, DraftKings Casino in one state may have different offerings than it does in a different state. Check below for states where online gambling is legal — and an outline of what types of games you can play.

Sports Betting Grows

Of the 21 states that currently allow for regulated in-state sports betting, DraftKings is operational in 12 of them. Now that more markets are opening, it is expected that the popular sportsbook will expand its operations even more.

Louisiana sports betting, for example, is a major attractive market that every domestic sportsbook would love to get its hands on. Sports bettors in the Pelican State showed their interest by showing up to the voting polls.

The sports betting bill managed to pass with 55 of the 64 parishes voting in its favor. In the state’s capital of Baton Rouge, sports betting passed with 68% of the votes.

The main attraction, however, is New Orleans who voted for sports betting with a resounding 76% of the votes. For the biggest city and tourist attraction in the state to be this eager for regulated sports betting, then the market is expected to be a major one.

DraftKings has continuously been an early adopter in markets that show potential. The sportsbook was amongst the first to launch its operations in Colorado, Illinois, Tennessee, and New Jersey when sports betting was legalized in these states.

It is not a stretch of thought to assume that the same will occur when these markets officially launch. DraftKings stock growth is a clear indication of investors believing the trend will continue.

Lucky slots free online. DraftKings opened on market to a 7.61% increase following the election results. The sportsbook continues to find success as a publicly-traded company and further proves the legitimacy of the legal sports betting market.

These markets will not launch before the 2021 session, but sports bettors in these states should still be excited as they may soon get their hands on one of the biggest domestic sportsbooks in the country.

News tags: Baton Rouge DKNG DraftKings legislation Louisiana Maryland South Dakota sports betting Stocks

Coming from a background in narrative-based writing, Giovanni strives to write stories that will keep the reader engaged. Although he does pride himself in being accurate, how the story is told is also very important to him. When he’s not keeping readers up to date on sports betting laws and legislation, you can find him writing and recording music, playing videogames, or engaged in heated sports debates with his friends.