Legal sports betting market in the US is expanding with more and more US states launching regulated sports betting operations. Last year, the US Supreme Court allowed states to legalize sports gambling following which over a dozen US states have launched sports betting operations.
Joining the club is Montana which is poised to launch sports betting operations by the year-end. As such, the Montana Lottery has published its set of rules for the newly created legalized sports betting market in the state.
Earlier this year in May, Montana became the 10th US state to legalize sports betting when Governor Steve Bullock signed to bills – SB 25 and HB 725 – into law which called for legalizing sports betting in the state.
Sports betting operations in the state would be controlled by the Montana lottery and not private companies. The draft regulations will be open to public consultation for at least 30 days. A public hearing on the draft sports gambling laws is also scheduled for October 28.
the framework will be subject to a public consultation which will last for at least 30 days, with a public hearing scheduled for October 28.
The new draft law has had mixed reactions. “The sports wagering law passed in May, and we’ve been working hard ever since to build something Montanans will be excited about,” Lottery director Angela Wong said. “We’ve got a lot to share with Montanans, but the first step is making sure their voices are heard as we move forward.”