Delaware Becomes First State To Launch Sports Betting Following PASPA Decision
Another historic day in the US today as Delaware becomes the first US state to launch sports betting following the landmark decision by the Supreme Court that overturned a federal ban on sports betting.
Delaware Gov. John Carney placed the first bet when wagering $10 on the Philadelphia Phillies to beat the Chicago Cubs.
All credit needs to go to the state of New Jersey which single handedly led the legal battle to strike down the PASPA Act of 1992. Delaware were able to launch sports betting first as they had already put legislation in place way back in 2009 when they built sportsbooks within its casino. As of today Three Delaware casinos- Dover Downs, Delaware Park and Harrington raceway officially began offering single game wagering on NBA, MLB, NFL and the World Cup. Other sports will follow.
As of now punters will be allowed to bet on a team up to the amount of $1,000. Anything higher will have to be approved by the administrating company which is William Hill in Delaware.
Sports betting revenues for the state of Delaware are set to be worth in the region of $23.1 million annually according to research from Eilers& Krejcik Gaming. This number will be higher when online and mobile betting is implemented, Currently all efforts are to get the physical sportsbook product launched.