Current:Home > StocksMississippi lawmakers advance bill to legalize online sports betting -EliteFunds
Mississippi lawmakers advance bill to legalize online sports betting
View
Date:2025-04-15 04:46:43
JACKSON, Miss. (AP) — A bill advancing in Mississippi’s Legislature would legalize online sports betting in the state, where analysts say consumer demand continues to fuel a thriving black market.
A Mississippi House committee advanced the legislation Tuesday, calling it the Mississippi Mobile Sports Wagering Act. The bill would legalize mobile sports betting while requiring gambling companies to contract with brick-and-mortar gambling establishments. Sports wagering has been legal in the state for years, but online betting has remained illegal amid fears the move could harm the bottom line of the state’s casinos.
Estimates show Mississippi could bring in over $25 million a year in tax revenue, said Republican Rep. Casey Eure of Saucier, the bill’s prime sponsor. Changing the law would also undercut the influence of illegal offshore sports betting platforms in Mississippi, which leads the nation in illegal online sports betting Google searches, according to data presented by lawmakers.
“Once you legalize mobile sports betting, you do away with a lot of that illegal market,” Eure said.
Across the U.S. each year, illegal betting sites see about $64 billion in wagers, Eure said. Mississippi makes up 5% of that market, which is about $3 billion in illegal bets.
Mobile sports betting is already legal in 29 states and Washington, D.C., according to the American Gaming Association. There is active legislation in five other states, including Mississippi.
Geolocation data obtained by the company GeoComply Solutions Inc. showed millions of hits from mobile devices located in Mississippi accessing legal sports betting sites in other states. In neighboring Tennessee and Louisiana, online sports betting has been legal since 2020 and 2022, respectively.
If the Mississippi law passes, online gaming platforms would have to reach an agreement with licensed gambling establishments to establish an online sports betting presence in the state. But Democratic House Minority Leader Robert Johnson of Natchez, who voted against the bill, said that provision didn’t guarantee smaller casinos in rural areas of the state would be protected.
“When you say protecting brick-and-mortar casinos, there’s no reason for a casino in Vicksburg, Natchez or Greenville to believe that a large national sports (betting) company would have any incentive to partner with anybody other than the people they’re partnering with already,” Johnson said.
The bill awaits consideration by the full House.
___
Michael Goldberg is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow him at @mikergoldberg.
veryGood! (793)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Mexico’s president clarifies that 32 abducted migrants were freed, not rescued
- Respiratory illnesses are on the rise after the holidays
- Don Read, who led Montana to first national college football title, dies at 90
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Why Pregnant Kailyn Lowry Is Considering Ozempic After She Gives Birth to Twins
- Coast Guard saves stranded dog after he fell off cliff: Watch the dramatic rescue
- Nick Carter Breaks Silence on Sister Bobbie Jean Carter's Death
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Attorney: Medical negligence caused death of former Texas US Rep. Eddie Bernice Johnson
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Kia EV9, Toyota Prius and Ford Super Duty pickup win 2024 North American SUV, car and truck awards
- Taiwan’s presidential candidate Ko Wen-je seeks a middle ground with China, attracting young voters
- As Gerry and Theresa say 'I do,' a list of every Bachelor Nation couple still together
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- India’s foreign minister signs a deal to increase imports of electricity from Nepal
- Has Washington won a national championship in football? History of the Huskies explained.
- Police in Kenya follow lion footprints from abandoned motorcycle, find dead man
Recommendation
Rylee Arnold Shares a Long
Taiwan’s presidential candidate Ko Wen-je seeks a middle ground with China, attracting young voters
Bachelor Nation's Brayden Bowers and Christina Mandrell Get Engaged at Golden Bachelor Wedding
What’s Going On With the Goats of Arizona
Meta releases AI model to enhance Metaverse experience
Golden Bachelor's Gerry Turner Marries Theresa Nist in Live TV Wedding
Where is Jeffrey Epstein's island — and what reportedly happened on Little St. James?
Strike kills 12 people, mostly children, in Gaza area declared safe zone by Israel