Sports betting license type?

Nevada Gaming Commission

License Type Number of Licenses Issued Year Established
Sports Book 212 1955
Sports Pool 17 1989
Sports Contest 14 2015

The Nevada Gaming Commission issues three types of sports betting licenses: Sports Book, Sports Pool, and Sports Contest. As of 2021, there are 212 active Sports Book licenses, 17 active Sports Pool licenses, and 14 active Sports Contest licenses. The Sports Book license has been in place since the establishment of the Commission in 1955. The Sports Pool license was established in 1989 and the Sports Contest license is the newest addition, established in 2015. All the information provided is based on the commonly accessible references.

 

Delaware Lottery

Year of Establishment 1975
Annual Revenue $517 million
Number of License Types 3
License Cost $50,000

The Delaware Lottery, established in 1975, generates an annual revenue of $517 million. It offers three types of sports betting licenses at a cost of $50,000 each. These licenses include a limited number of retail sportsbooks, online sportsbooks, and mobile sports betting platforms. The licenses are valid for five years and can be renewed for an additional five years for a reduced cost. As of 2021, the Delaware Lottery has approved a total of ten sports betting operator licenses.

 

New Jersey Division of Gaming Enforcement

Type of License Number of Licenses Issued
Sports Wagering 26
Horse Racing 3

The New Jersey Division of Gaming Enforcement issues licenses for sports wagering and horse racing. As of this writing, there are 26 licenses for sports wagering and 3 for horse racing. These licenses are required in order to offer these types of gambling services in the state of New Jersey.

 

Pennsylvania Gaming Control Board

Total number of sports betting licenses issued: 13
Number of available sports betting licenses: 0
Types of sports betting licenses: 3 – Interactive Gaming, Sports Wagering Operator, Sports Wagering Supplier
Cost of sports betting licenses: Up to $10 million for a sports betting operator license, $5 million for a sports wagering supplier license
Expiration date of sports betting licenses: December 31, 2022, with the option for renewal

The Pennsylvania Gaming Control Board has issued a total of 13 sports betting licenses in the state. There are currently no available licenses for purchase. The three types of licenses available include Interactive Gaming, Sports Wagering Operator, and Sports Wagering Supplier. The cost of these licenses can range up to $10 million for a sports betting operator license, with a lower cost of $5 million for a sports wagering supplier license. The expiration date for these licenses is December 31, 2022, with the option for renewal. This information is based on commonly accessible references and factual data.

 

Michigan Gaming Control Board

Total number of license types 7
Application fee $50,000
Annual license fee $50,000
Gross sports betting receipts tax rate 8.4%
Minimum age for sports betting 21 years old

The Michigan Gaming Control Board oversees the state’s sports betting industry and offers seven different license types to operators looking to enter the market. Interested parties must pay a $50,000 application fee and an annual license fee of $50,000 to legally operate. The state levies a gross sports betting receipts tax rate of 8.4%. To participate in sports betting activities, customers must be at least 21 years old.

 

West Virginia Lottery

Number of Sports Betting Licenses 5 source
Total Revenue Generated (since launch) $179.2 million source
Tax Rate on Sports Betting Revenue 10% source

West Virginia Lottery currently offers five sports betting licenses with a tax rate of 10% on revenue generated. Since its launch, sports betting has generated a total revenue of $179.2 million.

 

Iowa Racing and Gaming Commission

State License Type Fee Renewal Fee Taxes
Iowa Operator $45,000 $10,000 6.75%
Iowa Vendor $500 $500 5% on gross gaming revenue

The Iowa Racing and Gaming Commission allows for two types of sports betting licenses: operator and vendor. The operator license has an initial fee of $45,000 and a renewal fee of $10,000. Operators are also required to pay a tax of 6.75% on their gross gaming revenue. Vendors, on the other hand, have a much lower fee of $500 for both initial and renewal fees, but are required to pay a slightly higher tax of 5% on gross gaming revenue. These statistics are based on commonly accessible resources in reference to Iowa state laws and regulations.

 

Indiana Gaming Commission

License Type Number of Licenses Issued
Sports Wagering Certificate 16
Supplier License 17
Data Provider License 5

The Indiana Gaming Commission is the regulatory body responsible for licensing and overseeing all forms of gambling in the state of Indiana. Those looking to operate sports betting in Indiana must obtain a sports wagering certificate, supplier license, or data provider license from the commission. As of [insert date], there have been [insert number] sports wagering certificates, [insert number] supplier licenses, and [insert number] data provider licenses issued by the Indiana Gaming Commission. Proper licensing ensures that both the player and the operator are in compliance with state laws and regulations, offering a safe and fair gaming experience for all involved.

 

Colorado Division of Gaming

Here is a table with statistics regarding the different license types for sports betting in Colorado, provided by the Colorado Division of Gaming:

License Type Number Issued Application Fee Annual Renewal Fee
Master License 33 $10,000 $10,000
Internet Sports Betting Operator 17 $2,000,000 $500,000
Retail Sportsbook Operator 8 $10,000 $10,000
Retail Sportsbook Vendor 6 $1,200 $1,200

In Colorado, sports betting licenses fall into four main categories: Master License, Internet Sports Betting Operator, Retail Sportsbook Operator, and Retail Sportsbook Vendor. As of August 2021, there are 33 Master Licenses issued, 17 Internet Sports Betting Operator licenses issued, 8 Retail Sportsbook Operator licenses issued, and 6 Retail Sportsbook Vendor licenses issued. Application fees and annual renewal fees vary depending on the license type, ranging from $10,000 to $2,000,000. These license types are regulated by the Colorado Division of Gaming, whose website provides further information on the requirements and regulations surrounding sports betting in Colorado.

 

Oregon Lottery

License Type Number of Licenses Issued License Fee
Operator License 10 $5,000
Retail License Up to 20 per Operator $1,000
Tech License Unlimited $5,000

Oregon Lottery is authorized to oversee sports betting operations within the state of Oregon. Three types of licenses are currently issued by the lottery for sports betting: Operator, Retail, and Tech. As of 2021, a total of 10 Operator licenses have been issued with a license fee of $5,000 each. Up to 20 Retail licenses may be issued per Operator, with a license fee of $1,000 each. Tech licenses, which are used for supplying gaming platforms or sports betting applications, have an unlimited number of licenses issued with a license fee of $5,000 each. These statistics are according to the Oregon Lottery website.

 

Illinois Gaming Board

Sports Betting License Types Number of Licenses Issued
Master Sports Wagering License 3
Supplier License 16
Management Services Provider License 7

The Illinois Gaming Board, responsible for regulating video gaming, casinos, and sports betting in Illinois, issues three types of sports betting licenses. The most comprehensive is the Master Sports Wagering License, of which only three have been issued. Suppliers, such as gaming technology and platform providers, must obtain a Supplier License, of which 16 have been issued. Additionally, Management Services Providers, which offer managerial support to licensed sports wagering operations, must obtain a Management Services Provider License, of which seven have been issued. These licensing facts were obtained from the official website of the Illinois Gaming Board.

 

Tennessee Education Lottery Corporation

License Type Required Fees Application Period Renewal Period Commonly Accessible Reference
Online Sports Betting Operator $750,000 November 1-20, 2021 Every 3 years Tennessee Education Lottery Corporation
Retail Sports Betting Operator $75,000 November 1-20, 2021 Every 3 years Tennessee Education Lottery Corporation

The Tennessee Education Lottery Corporation requires sports betting operators to obtain a license to offer online and retail sports betting. Online sports betting operators must pay a fee of $750,000, while retail sports betting operators must pay a fee of $75,000. The application period for both types of licenses is from November 1-20, 2021. The licenses are valid for three years and must be renewed during the renewal period. For more information, please refer to the Tennessee Education Lottery Corporation.

 

Virginia Lottery

License Type Application Fees Background Investigation Fees
Operator $50,000 $15,000
Management Services Provider $10,000 $3,000
Supplier $1,000 N/A

The Virginia Lottery regulates sports betting in the state and offers three different types of licenses: Operator, Management Services Provider, and Supplier. The application fees for a sports betting license in Virginia are $50,000 for Operators, $10,000 for Management Services Providers, and $1,000 for Suppliers. Additionally, background investigation fees are required for Operators and Management Services Providers, which cost $15,000 and $3,000, respectively. These licenses are meant to ensure fair and lawful sports betting practices across the state while promoting a responsible gambling environment for consumers. (Source: Virginia Lottery website)

 

Montana Lottery

License Type Number of Licenses Issued
Retail operators 355
Online operators 0
Mobile operators 0

The Montana Lottery offers licenses for retail sports betting operators within the state. As of 2021, there are 355 retailers who have been issued licenses to offer sports betting services. However, there are no licenses issued for online or mobile sports betting operators yet. It is important to note that the number of retail sports betting licenses may change depending on the state’s current regulations. This information was found on the official Montana Lottery website.

 

Mississippi Gaming Commission

Year Total Revenue Total Tax Revenue
2018 $237 million $34 million
2019 $315 million $48 million
2020 $260 million $36 million

The Mississippi Gaming Commission regulates sports betting in the state of Mississippi. In 2020, the total revenue generated from sports betting amounted to $260 million, resulting in a total tax revenue of $36 million. This is down from the previous year, where the total revenue was $315 million, with a total tax revenue of $48 million. However, compared to 2018, the total revenue has increased significantly. It is clear that the sports betting industry in Mississippi is continuing to grow and provide significant revenue for the state.

 

Arkansas Racing Commission

License Type Number Issued Fiscal Year Revenue
Thoroughbred Racing 5 $327,916
Greyhound Racing 1 $5,557
Electronic Games of Skill 1 $39,637,388
Sports Wagering 1 N/A

The Arkansas Racing Commission issues licenses for various types of gambling. For thoroughbred racing, 5 licenses have been issued and in the fiscal year, they generated over $327,916. Greyhound racing had 1 licensee with revenues totaling to $5,557. Electronic games of skill received 1 license and created a revenue of $39,637,388. Recently, sports wagering has been authorized and 1 license has been issued. However, its revenues are unknown as it is a newly authorized type of gambling. These numbers are accurate as of the last fiscal year’s report.

 

Arizona Department of Gaming

License Type Number Issued Fee
Event Wagering Operator 10 $100,000
Sportsbook Operator 20 $750,000
Sports Wagering Vendor Unlimited $500

The Arizona Department of Gaming issues three types of sports betting licenses: Event Wagering Operator, Sportsbook Operator, and Sports Wagering Vendor. As of now, 10 Event Wagering Operator licenses have been issued, requiring a fee of $100,000 each. 20 Sportsbook Operator licenses have also been issued, with a fee of $750,000 each. There is no limit on the number of Sports Wagering Vendor licenses that can be issued, and they cost $500 each. These licenses allow businesses to offer sports betting services legally in Arizona. (Factual Reference: https://gaming.az.gov/licensing/sports-wagering-licenses)

 

Washington State Gambling Commission

Total number of active sports betting license types 10
Application fee for sports betting license $500,000
License fee for sports betting operator $100,000
License duration 5 years

Washington State Gambling Commission regulates all types of legal gambling activities in the state of Washington. Sports betting is one of them. There are currently 10 active sports betting license types available in Washington state, and the application fee for a sports betting license is $500,000. Once granted a license, sports betting operators are required to pay $100,000 for the license and it will be valid for 5 years. This information is based on publicly accessible records from the Washington State Gambling Commission.

 

Louisiana Gaming Control Board

License Type Number of Licenses Issued License Fees Generated
Sportsbook 20 $500,000
Online Sports Betting 5 $250,000
Mobile Sports Betting 5 $250,000

The Louisiana Gaming Control Board issues various types of licenses for sports betting. As of the latest statistics available, there are 20 licenses issued for sportsbooks, generating a total of $500,000 in license fees. In addition, there are 5 licenses each for online and mobile sports betting, generating a combined $500,000 in fees. These licenses allow operators to legally offer sports betting in the state of Louisiana.

 

North Carolina Education Lottery

License Type Number of Licenses Issued Reference
Commercial 0 ncpgambling.org
Tribal 2 ncpgambling.org
Charitable 4 ncpgambling.org

The North Carolina Education Lottery oversees sports betting licenses in the state, and currently issues licenses in three different categories: tribal, charitable, and commercial. As of now, zero commercial licenses have been issued, while two tribal licenses and four charitable licenses have been granted. These licensing categories are intended to regulate the industry and maintain fairness in the sports betting market, while also ensuring that the North Carolina community reaps the benefits of sports betting activities.

 

Rhode Island Lottery

License Type Number in Rhode Island Lottery Reference
Mobile Sports Betting 3 Lottery Post
In-person Sports Betting 2 Legal Sports Betting

Rhode Island Lottery offers 3 types of mobile sports betting licenses and 2 types of in-person sports betting licenses. These licenses allow individuals to place bets on sporting events within the state of Rhode Island. The state has set strict regulations in order to obtain these licenses, including a $100,000 non-refundable application fee. Despite the regulatory hurdles, the industry is growing rapidly, and experts estimate that the global sports betting market will be worth $155.49 billion by 2024 (Statista).

 

Missouri Gaming Commission

Year Established 1993
Number of Licenses Issued Annually Approximately 470
Application Fee $20,000
Renewal Fee $10,000

The Missouri Gaming Commission has been issuing sports betting licenses since 2018. As of 2021, approximately 470 licenses are issued annually. The application fee for a license is $20,000, and the renewal fee is $10,000. These licenses are highly sought after, as Missouri is one of the several states that have recently legalized sports betting. Missouri’s sports betting market is estimated to generate over $404 million in annual revenue.

 

New Hampshire Lottery Commission

Total number of sports betting licenses issued: 16
Fee for sports betting license: $10,000 for initial application, $5,000 for renewal
Tax rate on sports betting revenue: 10%
Minimum age for sports betting: 18 years old

The New Hampshire Lottery Commission has issued 16 sports betting licenses as of 2021. To obtain a license, the initial application fee is $10,000 and the renewal fee is $5,000. The tax rate on sports betting revenue in New Hampshire is 10%. In order to participate in sports betting, individuals must be at least 18 years old. These statistics highlight important information regarding the license type for sports betting in New Hampshire.

 

South Dakota Commission on Gaming

License Type Fee Duration Applicants Per Year
Operator $2,000 1 year Unlimited
Vendor $500 1 year Unlimited
Management company $2,500 1 year Unlimited

The South Dakota Commission on Gaming offers three types of sports betting licenses: operator, vendor, and management company. The operator license fee is $2,000, while vendor and management company licenses cost $500 and $2,500, respectively. All license types are valid for one year. There are no limits on the number of applicants per year for any license type.

 

Oklahoma Indian Gaming Association

Number of Different Types of Sports Betting Licenses 21 source
Number of States Where Sports Betting is Legal 21 source
Total Amount Wagered on Sports Betting per Year $150 billion source

The Oklahoma Indian Gaming Association is a prominent organization in the gaming industry. Sports betting has been a popular topic in recent years. Currently, there are 21 different types of sports betting licenses and 21 states where sports betting is legal. The total amount wagered on sports betting per year is around $150 billion. It is evident that sports betting has a significant impact on the economy and the gaming industry.

 

Kentucky Horse Racing Commission

License Type Number Issued Issuance Date
Thoroughbred Racing 3,432 January 1, 2021
Standardbred Racing 621 January 1, 2021
Quarter Horse Racing 178 January 1, 2021
Simulcasting 25 January 1, 2021

The Kentucky Horse Racing Commission issues licenses for thoroughbred, standardbred, and quarter horse racing, as well as simulcasting. As of January 1, 2021, the commission has issued 3,432 thoroughbred racing licenses, 621 standardbred racing licenses, 178 quarter horse racing licenses, and 25 simulcasting licenses. These licenses allow individuals and organizations to participate in the respective forms of horse racing and related activities. The commission aims to ensure fair, safe, and transparent horse racing in the state of Kentucky.

 

Maine Bureau of Alcoholic Beverages and Lottery Operations

Year Total Revenue Number of Licenses Issued
2017 $2.78 million 15
2018 $3.23 million 18
2019 $4.25 million 21

The Maine Bureau of Alcoholic Beverages and Lottery Operations is responsible for issuing sports betting licenses in Maine. The bureau has been issuing licenses since 2017, with a total of 54 licenses issued to date. In 2019, the bureau issued 21 sports betting licenses, resulting in a total revenue of $4.25 million generated from sports betting activities. This indicates a growing interest in sports betting in the state.

 

Ohio Casino Control Commission

Year established 2011
License types Vendor, Operator
Total number of licenses issued Over 300
Revenue generated from licensing fees $8.6 million per year

The Ohio Casino Control Commission was established in 2011 and issues vendor and operator licenses for sports betting. To date, over 300 licenses have been issued by the Commission. The revenue generated from licensing fees amounts to $8.6 million per year. Obtaining a license is essential for individuals and businesses looking to legally participate in the sports betting industry in Ohio.

 

New Mexico Gaming Control Board

Type Fee Term Renewal Fee
Provisional $1,000 6 months $1,000
Regular $50,000 1 year $25,000
Non-Profit N/A N/A N/A

The New Mexico Gaming Control Board offers different types of licenses for sports betting operators. The Provisional License, which costs $1,000 and is valid for 6 months before requiring renewal with another payment of $1,000. The Regular License, which costs $50,000 and has a validity period of 1 year, after which a $25,000 payment is required for renewal. The Non-Profit License is not required to pay any fees. All information is obtained from the official website of the New Mexico Gaming Control Board.

 

California Bureau of Gambling Control

License Type Number Issued Year Issued Renewal Fee
Bookmaker 25 2020 $2,000
Off-Track Betting 10 2020 $5,000
Exchange Wagering 5 2020 $3,000

The California Bureau of Gambling Control issues three types of sports betting licenses. As of 2020, 25 bookmaker licenses, 10 off-track betting licenses, and 5 exchange wagering licenses have been issued. Each license type incurs a renewal fee: bookmaker license renewal fee is $2,000, off-track betting license renewal fee is $5,000, and exchange wagering license renewal fee is $3,000. These statistics were obtained from the California Bureau of Gambling Control’s website.

 

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