13.092018Arkansas Could be on the Brink of a Gambling Law Change
There is a palpable sense of change in the US gambling laws these last few years. They are one of the only first world countries with such strict laws on gambling, and the only one to be so strict on sports betting despite having entire cities where it is legalised and where players come from miles around.
One of the states that could be on the brink of change is Arkansas. They are about to vote on the future of land-based casinos and sports betting. And while a rule change concerning the former is not going to have a major impact on the US gambling laws, the same can’t be said for the latter. If Arkansas change the rules on sports betting they could be setting a precedent that will be felt across the entire US system.
What This Means
The state is about to vote on a proposal regarding the extension of casino operations and the legalisation of sports betting. The proposal requests new land-based casinos be built in the state, as well as in two existing horse racing facilities.
They have also incorporated sports betting into the bill, suggesting that it falls within the realms of casino gaming and should therefore be allowed in these premises. An advocacy group secured nearly 100,000 signatures to push forward this proposal and the vote will now take place on November 8 as part of the state’s general elections.
If these laws pass then the license fees needed to create such operations would be set higher than they are now, and would likely be far too high for anyone but major corporations to consider them. But it would change the gambling landscape in the state and could pave the way for the legalisation of online gambling in this state and neighbouring states.
At the very least it will attract new tax dollars for the state coffers.
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