After the midterms elections and the voting complete, there were major changes that happened affecting the gambling industry in the United States. Positions like the governor, seats in the Senate and House of Representatives were also changed.
Today, we’ll talk about these changes and how they affected the states in the US and the online gambling industry.
Fortunately, these changes were in favor of the expansion of the gambling industry. The individuals that were voted for as government officials were, as luck would have it, fond with the idea of online gambling.
The Impact of The Midterms Elections Results on Online Gambling
Before anything else, the impact of the midterms elections was focused on the five states in the US, namely Arkansas, Louisiana, Florida, Illinois, and Michigan. While there are negative effects, the positive impact overshadows them.
Casino Expansion Voted by Arkansas Citizen
After the midterm’s elections, the majority of Arkansas voters, particularly 54 percent of them, made it possible for casino expansion as they approved this measure. This made the casino industry legal, although online casinos aren’t included.
This is a positive impact of the midterms elections as it might result in the opening of the Oaklawn horse track as well as the dog track in West Memphis. Their casino revenues will also increase, and online gambling may not be a dream anymore to this state.
Online Gambling Sites Are Struggling in Florida
In the midterm’s elections, voters were given the right to decide if gambling expansion decisions are to be kept, or if the people of Florida are to be given power.
Florida voters have approved this measure and this made it difficult for new casino facilities to be built inside the state.
This is also a result of the cooperation of Disney and Seminole Tribe after spending over $20 million for the anti-casino measure. This is perhaps because Disney wants to hold its edge in tourism, while Seminole wants to be the exclusive casino company in the area.
This also affected the online gambling sites, as they are not allowed to operate in the state. Greyhound racing was also banned in the state of Florida and racetracks will have to close down operation by the end of 2020.
Daily Fantasy Sports Approved by Louisiana
Daily fantasy sports are now approved by Louisiana residents, particularly the 47 parishes out of the 64 parishes in the state. The 47 parishes are also allowed to offer daily fantasy sports to residents.
However, it’s only limited to contests as fantasy sports competitions will not be considered gambling.
Governor of New Illinois is Fond of Sports Betting
Democrat J.B. Pritzker of the state of New Illinois is known to be in favor of sports betting. This is surely going to have a huge as Pritzker defeat the previous Republican governor of the state.
In fact, Pritzker had already mentioned in the past that he’s a supporter of sports betting legalization.
These are the five most significant changes brought by the midterm’s election in the US. Hopefully, these changes will continue to flourish until new legislation are made for legalizing online gambling.