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And the state, many believe, is considered to be key to opening the floodgates for sports gambling across the country. The Golden State could soon get in on sports betting, as voters are expected to weigh in this November when at least two initiatives - and potentially more - are set to be on the ballot.Īs the country’s most populous state, some experts say California could realize as much as $3 billion in annual revenue should residents be allowed to wager on sports. Which States Could Legalize Sports Gambling in 2022? California With that in mind, let’s take a look at which states might be next, as well as a look at the states in which FanDuel Sportsbook is fully up and running. While efforts in Alabama, Georgia, Kentucky, and Oklahoma appear to have stalled out, several other states are poised to roll the dice on sports gambling legalization in the year to come. 8, the state realized roughly $48 million in new revenue and $24.6 million in taxes in only eight days. In New York, where online sports betting launched on Jan. In 2021, sports gambling brought in a record $4.3 billion in revenue, according to the American Gaming Association. The effort has proven to be a windfall for cash-strapped states looking to realize new revenues. (h/t /kYck8weP66- Boardroom January 22, 2022 New York's online sports betting took in $603M in handle in 8 days, which generated $48M in revenue & $24.6M in taxes.
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