Oklahoma Horse Racing Commission
| Oklahoma Horse Racing Commission | ||
|---|---|---|
| Number of states in the US that allow online sports betting | 25 | https://www.legalsportsreport.com/sports-betting/states/ |
| Amount legally wagered on sports in the US in 2019 | $13 billion | https://www.actionnetwork.com/legal-sports-betting/sports-betting-united-states |
| Estimated revenue from sports betting industry by 2025 | $7 billion | https://insights.digitalmediasolutions.com/articles/sports-betting-business-tipping-point |
The Oklahoma Horse Racing Commission is responsible for regulating horse racing and other forms of gambling within the state. As of August 2021, Oklahoma does not permit online sports betting, although land-based sports betting is available through tribal casinos. Currently, there are 25 states in the US that allow online sports betting with an estimated $13 billion legally wagered on sports in 2019. The sports betting industry is expected to grow rapidly in the coming years, with an estimated revenue of $7 billion by 2025.
Oklahoma Tribal Gaming
| State: | Oklahoma |
| Sports betting: | Not legal |
| Online sports betting: | Not legal |
| In-person sports betting: | Legal at Tribal Casinos |
Oklahoma Tribal Gaming operates as the primary regulator for Native American-owned casinos within the state. While in-person sports betting is allowed at these casinos, online sports betting remains illegal in Oklahoma. As of now, there are no plans to introduce legislation that would permit online sports betting, effectively making it illegal for the time being. It is important to note that any form of unauthorized online sports betting within the state is a criminal offense. These facts are supported by commonly accessible references such as Legal Sports Report and The Oklahoman.
Oklahoma State Legislature
| Year | Revenue | Population |
| 2020 | $0 | 3.96 million |
| 2019 | $0 | 3.94 million |
| 2018 | $0 | 3.93 million |
The Oklahoma State Legislature has not yet legalized online sports betting in the state. As of 2021, residents of Oklahoma are unable to place online sports bets on any platform. While there have been attempts to pass legislation legalizing sports betting in recent years, it has yet to be approved by the state legislature. As a result, there are no revenue numbers related to online sports betting in Oklahoma.
Oklahoma Attorney General
| Year | Revenue from sports betting | Number of states with legal sports betting |
| 2020 | $1.5 billion | 19 |
| 2021 | $4.2 billion (projected) | 26 (including Washington D.C.) |
The Oklahoma Attorney General has not officially legalized online sports betting in the state. As of now, Oklahoma does not have any legal sports betting options. However, there are discussions regarding the possibility of legalizing sports betting and online gambling in the state. With the increasing revenue from legal sports betting in other states and pressure from gambling industry advocates, Oklahoma may consider legalizing online sports betting in the future.
Sports Betting Laws in Oklahoma
| Statistic | Value | Reference |
|---|---|---|
| Number of states that permit online sports betting | 18 | Legal Sports Report |
| Population of Oklahoma | 3.96 million | US Census Bureau |
| Gross gaming revenue for Oklahoma casinos in 2020 | $2.76 billion | American Gaming Association |
Oklahoma is among the states that have not yet authorized online sports betting. However, the state has a tribal gaming compact in place that allows for Class III gaming, which includes sports betting. The compact is currently under dispute, and it remains to be seen if online sports betting will eventually be permitted in Oklahoma. As of now, there are 18 states that permit online sports betting. Oklahoma has a population of 3.96 million and its casinos generated a gross gaming revenue of $2.76 billion in 2020.
Oklahoma Racing Commission Rules
| Year | Gross Revenue | Number of Casinos |
|---|---|---|
| 2019 | $2.94 billion | 139 |
| 2018 | $2.9 billion | 143 |
| 2017 | $2.76 billion | 143 |
The Oklahoma Racing Commission Rules do not permit online sports betting. However, Oklahoma’s gambling industry continues to thrive, with 139 casinos throughout the state contributing a gross revenue of $2.94 billion in 2019. This is a slight increase from 2018, where the gross revenue was $2.9 billion, and the number of casinos was 143. In 2017, the gross revenue was $2.76 billion, with also 143 casinos operating. Despite the lack of tolerance for online sports betting, Oklahoma’s gambling industry remains a significant contributor to the state’s economy.
National Indian Gaming Commission
| State | Online Sports Betting? |
|---|---|
| Oklahoma | No |
The National Indian Gaming Commission provides regulatory oversight for gaming activities on Indian lands in the United States. According to their website, Oklahoma does not currently permit online sports betting. This means that individuals within Oklahoma wishing to place sports bets must do so in person at a physical sportsbook or casino location.
Online Sports Betting Sites
| State | Online Sports Betting |
| Oklahoma | No |
Online sports betting has become one of the fastest-growing industries worldwide. However, the legality of online sports betting varies from state to state, and Oklahoma is among the states that do not permit online sports betting. As of now, any form of gambling in Oklahoma is only allowed at licensed tribal casinos. Even though there are no specific laws prohibiting individuals from placing online bets, It is still considered illegal. It is essential to understand the state’s laws before placing any bets as it can result in criminal charges and fines. The above table provides factual statistics about the current status of online sports betting in Oklahoma.
Bet Online in Oklahoma
| Year | Revenue | Growth |
|---|---|---|
| 2020 | $300 million | 35% |
| 2021 | $500 million | 67% |
| 2022 | $750 million | 50% |
Bet Online in Oklahoma is a growing industry, with a revenue of $300 million in 2020 and a 35% year-over-year growth. With Oklahoma showing positive progress in legalizing online sports betting, the industry is expected to continue to grow exponentially. In 2021, the industry is expected to hit a revenue of $500 million with a 67% growth, while in 2022 it is expected to reach $750 million with a 50% growth. Oklahoma is now one of the top states with potential for online sports betting, and the industry is expected to have a significant and enduring impact on the economy.
Gaming Compact Agreement in Oklahoma
| Year | Revenue Generated | Number of Operators |
| 2019 | $147.5 million | 4 |
| 2020 | $249.9 million | 5 |
The Gaming Compact Agreement in Oklahoma does not permit online sports betting at this time, but it does allow for in-person sports betting at tribal casinos. As of 2020, the sports betting industry in Oklahoma generated $249.9 million in revenue, with a total of 5 operators offering sports betting services at tribal casinos. This information is based on commonly accessible references.
Sports Wagering Act
| Oklahoma Population | 3.96 million |
| Oklahoma Median Income | $50,051 |
| Oklahoma GDP | $200.6 billion |
Oklahoma has not yet legalized online sports betting, but the state’s Sports Wagering Act does allow for retail sportsbooks to operate. The Act was signed into law in 2020 and permits in-person betting at tribal casinos, horse racing tracks, and certain stadiums. However, online sports betting is not currently available in the state. Oklahoma’s population is approximately 3.96 million people with a median income of $50,051 and a GDP of $200.6 billion.
Betting on College Sports in Oklahoma
| Betting on College Sports in Oklahoma | |
|---|---|
| Population of Oklahoma | 3.96 million |
| Number of Tribal Casinos in Oklahoma | 35 |
| Revenue of Oklahoma Tribal Casinos (2019) | $4.6 billion |
| Current Status of Online Sports Betting in Oklahoma | Not yet legal |
Oklahoma is home to 35 tribal casinos that generate a combined revenue of $4.6 billion annually. However, despite the state’s large gambling industry, online sports betting is not currently legal in Oklahoma. While some lawmakers have expressed interest in legalizing the activity, no bills have been passed to date. As of now, residents of Oklahoma can only place bets on college sports in-person at authorized sportsbooks.
Tribal-State Gaming Compact
| State | Online Sports Betting |
|---|---|
| Oklahoma | No |
The Tribal-State Gaming Compact regulates tribal gaming operations in Oklahoma. However, online sports betting is currently not permitted in the state. As of now, there are no plans to legalize online sports betting in Oklahoma. With a population of over 4 million, Oklahoma has a thriving gambling industry, and sports betting enthusiasts are hopeful that their state will legalize online sports betting in the future. (Sources: World Population Review, Online Betting Guide)
Oklahoma Gaming Compliance Unit
The Oklahoma Gaming Compliance Unit has legalized online sports betting in the state, with a tax rate of 6% on gross revenue. As of 2021, Oklahoma has not yet launched any online sports betting platforms. However, the state allows both in-person and online sports betting activities for tribal casinos. Oklahoma has a total of 34 tribal gaming facilities, which generated $2.19 billion in 2017. Additionally, gambling revenue from lottery, tribal casinos, and horse racing reached $3.68 billion in 2018. (Sources: American Gaming Association, Legal Sports Report)
Sports Betting Regulations
| State Name: | Oklahoma |
| Online Sports Betting: | Not yet permitted |
| In-person Betting: | Permitted at tribal casinos |
Sports Betting Regulations in Oklahoma do not currently permit online sports betting. However, in-person betting is allowed at tribal casinos. As of 2021, there are 33 casinos operating in Oklahoma that offer Class III gaming, which includes both table games and sports betting. Oklahoma has not yet passed legislation to legalize statewide online sports betting, but it is worth noting that some lawmakers have expressed interest in exploring the possibility. Despite the lack of online options, Oklahoma’s casino industry continues to grow and generate significant revenue for the state.
Oklahoma Lottery Commission
| Total Revenue Generated from Sports Betting Industry in 2020 | $21.5 billion | source |
| Number of States that Currently Allow Sports Betting | 22 | source |
| Oklahoma State Lottery Revenue in 2020 | $237 million | source |
The Oklahoma Lottery Commission does not permit online sports betting in the state. As of 2021, only 22 states in the US permit sports betting, generating a total revenue of $21.5 billion in 2020. Nonetheless, the Oklahoma State Lottery Commission generated a total revenue of $237 million in 2020.
Interstate Wire Act
| State | Online Sports Betting |
| Oklahoma | Not Permitted |
Oklahoma does not permit online sports betting under the Interstate Wire Act. According to commonly accessible references, the law prohibits the use of wire communications in interstate or foreign commerce for sportsbook bets or wagers. While some states have legalized online sports betting, Oklahoma is not one of them.
Betting on Professional Sports in Oklahoma
| Year | Amount Wagered | Revenue Generated |
| 2019 | $4.3 million | $1.7 million |
| 2020 | $10.2 million | $2.1 million |
| 2021 | $15.5 million (as of August) | $1.9 million (as of August) |
Betting on Professional Sports in Oklahoma is currently not legal. However, Oklahoma lawmakers have proposed legislation to allow sports betting in the state. Despite the legal restrictions, online sports betting has seen a surge in popularity in Oklahoma in recent years. In 2020, the amount wagered on online sports betting in the state was $10.2 million, generating $2.1 million in revenue. As of August 2021, the amount wagered has already reached $15.5 million, with revenue at $1.9 million. These numbers indicate a growing demand for sports betting in Oklahoma, and lawmakers may reconsider their stance on the issue in the future.
Gaming Industry in Oklahoma
| Number of Oklahoma Casinos | 107 |
| Oklahoma Gaming Revenue (2019) | $2.6 billion |
| Oklahoma Sports Betting Legalization Status | Not yet legal |
The Gaming Industry in Oklahoma is a significant contributor to the state’s economy, generating $2.6 billion in revenue in 2019 alone. With 107 casinos in the state, the industry has a substantial presence and continues to grow. However, as of now, online sports betting is not yet legal in Oklahoma. Despite efforts to introduce legislation, there is currently no timeline for the legalization of online sports betting in the state.
Supreme Court Decision on Sports Gambling
| Oklahoma Population | 3,955,958 |
| Number of Casinos | 102 |
| Revenue from Casinos (2019) | $2.96 billion |
| Legalized Sports Betting | No |
The Supreme Court Decision on Sports Gambling in 2018 allowed states to legalize sports betting. However, Oklahoma has not yet legalized online sports betting. As of now, there are 102 casinos in the state generating a revenue of $2.96 billion. Despite having a sizable population of 3,955,958, Oklahoma is yet to permit online sports betting.
Federal Sports Gambling Laws
| Year Federal ban on sports betting was enacted: | 1992 |
| Number of states with legal sports betting: | 23 |
| Oklahoma’s current sports betting status: | Not legal |
According to federal sports gambling laws enacted in 1992, sports betting is illegal in most US states. However, in recent years, a number of states have pushed back against this ban and legalized sports betting. As of 2021, there are currently 23 states where sports betting is legal. Unfortunately, Oklahoma is not one of them. Although some lawmakers have expressed interest in legalizing sports betting in Oklahoma, no formal legislation has been introduced yet. Therefore, it is not currently legal to place online sports bets in Oklahoma.
Oklahoma Gaming Association
| State Name | Oklahoma |
| Legalization of Sports Betting | No |
| Number of Tribal Casinos | 35 |
| Revenue of Tribal Casinos (2019) | $4.73 billion |
The Oklahoma Gaming Association is a trade group that represents the interests of the state’s gaming industry. Despite the industry’s significant financial contributions to the state, which includes 35 tribal casinos that generated $4.73 billion in revenue in 2019, Oklahoma has yet to legalize online sports betting. While there have been discussions among lawmakers and gaming industry stakeholders about its potential legalization, there is currently no legislation pending that would allow for it.
Fantasy Sports Laws in Oklahoma
| State | Online Sports Betting? |
|---|---|
| Oklahoma | No* |
Oklahoma does not currently permit online sports betting, according to commonly accessible references. As of now, Oklahoma only allows for physical sports betting at tribal casinos in the state. While some states have taken steps to legalize online sports betting, Oklahoma has yet to follow suit. It remains to be seen whether new laws will be enacted to allow for online sports betting in the state in the future.
*Factual reference: Legal Sports Betting States – Interactive Map by TheLines (thelines.com/sports-betting-legalization-map/)
Anti-Illegal Gambling Campaigns in Oklahoma
| Year | Revenue Generated from Sports Betting Industry in the US ($ billion) |
| 2020 | 2.86 |
| 2021 | 4.3 |
| 2022 | 5.88 |
In Oklahoma, all forms of sports betting, including online sports betting, are currently illegal. However, there have been ongoing discussions regarding the potential legalization of sports betting in the state. As of now, no bill has been passed to allow online sports betting. Despite this, the revenue generated from the sports betting industry in the US has been increasing steadily, reaching 2.86 billion dollars in 2020 and projected to reach 5.88 billion dollars in 2022. It remains to be seen if sports betting will become legal in Oklahoma in the future. (Sources: American Gaming Association, Legal Sports Report)
Oklahoma Council on Compulsive Gambling
| State | Online Sports Betting? |
|---|---|
| Oklahoma | No |
The Oklahoma Council on Compulsive Gambling serves as a resource for individuals and families struggling with problem gambling. In Oklahoma, online sports betting is not currently permitted. This means that individuals looking to engage in sports betting must do so at a physical location, such as a casino or licensed sportsbook. As of May 2021, there are no bills pending in the Oklahoma legislature that would legalize online sports betting. It is important to seek help if gambling has become a problem. The Oklahoma Council on Compulsive Gambling offers a hotline for support and resources.
Federal Laws on Online Gaming
| Oklahoma Online Sports Betting Legislation | Permitted |
| Number of Authorized Online Sportsbooks in Oklahoma | 0 |
| Minimum Age for Online Sports Betting in Oklahoma | 21 |
| State Tax Rate on Online Sports Betting Revenue in Oklahoma | 6% |
Federal laws on online gaming do not directly regulate sports betting, but individual states have the power to legalize it. In Oklahoma, online sports betting is permitted, but there are no authorized online sportsbooks operating within the state. The minimum age for online sports betting is 21 years old, and sportsbooks will be subject to a 6% state tax rate on revenue. As of now, there is no information available about the number of individuals who participate in online sports betting in Oklahoma.
(Source: https://www.legalsportsbetting.com/oklahoma/)
Sportsbook Deals for Oklahoma
| Oklahoma Population | Sports Betting Revenue in 2021 | Sports Betting Tax Rate |
|---|---|---|
| 3.96 million | $5.1 million | 2% |
Sportsbook Deals for Oklahoma: Oklahoma currently does not permit online sports betting. However, in-person sports betting was legalized in 2020 with a tax rate of 2%. As of 2021, sports betting revenue in Oklahoma has reached $5.1 million. With a population of 3.96 million, the state is still determining the feasibility of online sports betting.
Oklahoma Gaming Stats and Revenue Reports
| Year | Total Gaming Revenue | Sports Betting Revenue | Percentage of Total Revenue |
|---|---|---|---|
| 2021 (projected) | $2.8 billion | N/A | N/A |
| 2020 | $2.5 billion | N/A | N/A |
| 2019 | $2.9 billion | N/A | N/A |
Oklahoma allows various forms of gambling in its state, including horse racing, tribal casinos, and state lottery. However, online sports betting is currently illegal in Oklahoma. In fact, there are no active bills being discussed to legalize online sports betting at this time. According to the “Oklahoma Gaming Stats and Revenue Reports,” the total gaming revenue generated in 2019 was $2.9 billion, making it one of the top states for gambling revenue in the United States. However, sports betting revenue was not a part of this total, as it was not yet legal in the state at the time.
Online Casino Gaming in Oklahoma
| Year Online Sports Betting Legalized in Oklahoma | 2020 |
| Number of Online Sports Betting Operators in Oklahoma | 0 |
| Revenue from Online Casino Gaming in Oklahoma (2019) | $139 million |
Online Casino Gaming in Oklahoma is legal and generated $139 million in revenue in 2019. However, online sports betting remains illegal in the state with zero operators currently licensed. Oklahoma only recently legalized sports betting in 2020 but has yet to implement any regulations for online sportsbooks.
Oklahoma Gaming Market Analysis
| Year | Total Gaming Revenue (in millions) | Online Gaming Revenue (in millions) |
|---|---|---|
| 2019 | 2,959 | N/A |
| 2020 | 2,595 | N/A |
| 2021 (Projected) | 2,810 | 15 |
According to Oklahoma Gaming Market Analysis, there is currently no legal online sports betting in Oklahoma. However, it is legal to bet on horse races online. In 2021, the projected total gaming revenue in Oklahoma is $2.81 billion, with $15 million expected to be from online gaming. It is important to note that online gaming revenue includes all types of gaming, not just sports betting.