Sports Betting To Make Major Impact on Casinos

With new laws that have legalized sports betting, and impacted online sports betting as well, there is no denying that these new developments will have a profound impact on both casinos and the online casinos that operate in the United States market.

To kick things off, a string of casinos owned by the Mississippi Band of Choctaw Indians are likely to be the first in that state to offer sports betting, according to a report from The Mississippi Choctaw Tribal Council recently approved sports betting at the Silver Star Hotel and Casino, Golden Moon Hotel and Casino at Pearl River Resort and Bok Homa Casino and officials anticipate being the first Native American tribe in the U.S. to offer sports betting, according to the Clarion Ledger.

This will undoubtedly have a profound impact on online sports betting as well, as most casino-goers are regular players on the online market. This all comes on the heels of the Supreme Court struck down the federal law that banned sports betting previously.

Recently, in Atlantic City, former NBA great Julius “Dr. J.” Erving and Senate President Steve Sweeney were the first in line at the Race & Sports Book, located inside Borgata Hotel Casino & Spa. and placed wagers on the Philadelphia Eagles and Green Bay Packers to win the Super Bowl next year, demonstrating just how swift the impact of the new law has been, especially on casinos.

“This couldn’t be a better birthday present for Borgata and our team members today to bring on another form of entertainment,” said Marcus Glover, president of the casino hotel, according to Press of Atlantic City. “(Sports betting) brings a sense of vibrancy and adds to the excitement that already exists inside the four walls of Borgata today. …Today, Borgata leads the way as New Jersey enters a new era of sports entertainment.”

“Obviously the specific revenue associated with sports betting is going to be significant and growing, but it’s going to have a knock-on impact,” Gov. Phil Murphy said while leaving the Borgata.

“You can see, instead of going to Las Vegas for a NFL playoff weekend, you could see people posting up here in Atlantic City.”

Many people believe that sports betting will bring life and energy back to casinos is Atlantic City and across the nation. It’s hard arguing with that thought, considering just how popular online sports betting has been during the time when laws prohibited sports betting.