|Tuesday 27th July 2021|
Is Betting on Bet365 legal in USA?
Bet365 is one of the largest and best-known bookmakers in the world, welcoming players from dozens of countries. The United States is on the list but there are several restrictions that players need to be aware of. These depend of the state of residence, as the US gambling market is not regulated on a federal level. Each state has the authority to set its own laws for online sports betting, casino games and poker. This has led to significant differences between different states, with some choosing to legalize gambling while others are firmly against it.
New Jersey residents can bet at Bet365
New Jersey was one of the first US states to legalize online gambling, alongside Delaware and Nevada. It is also one of the places where punters can bet on sports online, so local punters can consider themselves lucky. Bet365 enjoys a great reputation on the international scene, so it had no problem in securing a license. This is needed for players to be able to make a deposit and bet on sports or play casino games in accord with the law. For the time being, the bookmaker is only present in this state, but the positive example is likely to be embraced by other sports.
The sports betting company founded by Denise Coates in 2000 had been waiting for an opportunity to enter the US market. This is one of the largest in the world and has tremendous potential because of the financial power of its citizens. It was April 2020 when Bet365 was allowed to begin its operations in New Jersey. The website was launched on that month and from that point onward, players had the chance of playing casino games and betting on sports here. The mobile friendly website has a dedicated app for punters who want to make the transition to smartphones and tablets.
Legal sports betting spreads across the US
The example of the three pioneer states that chose to legalize casino games is now being followed by others. Instead of allowing money to be leaked beyond borders, more states are trying to provide the legal framework for punters to bet locally. New Jersey is one of the smaller US states, so the real potential for growth lies elsewhere in the US. The Bet365 NJ Sportsbook currently allows only local players to sign up for an account, claim bonuses and place bets.
The bookmaker is in the process of opening shop in Colorado in New York. It already applied for a license in these states and was granted one by local authorities. This represents a huge step forward and will allow Bet365 to officially launch its online gambling platform in both states. It is expected that by the end of 2021 it will be present here and allow local players to place the first bets. As more US states are legalizing sports betting and casino games, the gambling group is expected to continue its expansion.