Although the legality of sport betting is still in debate, a few states have started to allow it. In Iowa the state, betting on sports has been legal since 2019 (both on the internet and in retail). The Iowa Racing and Gaming Commission oversees the business and charges a fee for licensing to the online operator. Sports betting in Michigan is legal online and in retail casinos. The program was introduced in three casinos in March of 2020, which was a month ahead of the Coronavirus pandemic. Mississippi also dabbled in the world of sports betting, but hasn’t fully embraced betting on mobile devices.
The repeal of PASPA has created a wave of legislative and business momentum. As of late, 4 major American sports leagues are partnering with betting companies for sports. Some have even created official channels for sports betting. Nevada is a notable example. The payouts for sports betting historically were based on the results. moviefree8 has prohibited both in-person and online betting, with the exception of Nevada. However, sports betting apps help users by processing payments as well as registering betting choices and acting as digital clearinghouses for payments and bet calls.