Delaware Legislation Would Allow For Internet Sports Parlay BettingState Could Bring Limited Sports Wagering To Web |
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A bill filed in Delaware late last month would allow for the state’s online gaming industry to include limited sports betting.
The state’s current online offerings are house-banked table games, video lottery and poker.
Delaware, which is the only other state besides Nevada to have casinos with regulated betting on sports, saw its three gambling facilities collect roughly $1.8 million from online gambling in 2015, down from more than $2 million in 2014. The state’s online gaming market went in the opposite direction of New Jersey, which saw online gaming revenue increase by more than 20 percent last year to roughly $148 million.
Unlike in Nevada, where gamblers can bet on the outcome of a single NFL game, for example, Delaware bettors must do parlays involving three or more games. That’s the format that would apparently be kept if the state brings that betting to the web.
Nevada, which Delaware partnered with to build liquidity for online poker, already allows sports bets to be made on mobile devices physically located within its borders.
The Delaware bill, sponsored by Sen. Brian Bushweller (D-Dover), implements certain recommendations made by the Lottery and Gaming Study Commission last year.
Additionally, the bill would eliminate a table game license fee and then reduce the tax on casino table games from 29 percent this year to 20 percent in 2017, and then to 15 percent in 2018. The legislation includes other proposals to boost the state’s casino gambling industry in a region that is home to a rush of new casino construction.
Bushweller’s legislation currently sits in the Senate Finance Committee.
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