Sports Betting in the United States
October 27, 2021
At the moment of writing, Arkansas has legalized in-person betting only, meaning online and mobile betting is not legal across the state. In Arkansas, sports betting is regulated by the Arkansas Racing Commission. There is also one notable prohibition in the state of Arkansas – it is illegal to bet on games that involve in-state college teams.
In July 2019, the first sports betting facility in Arkansas was seen at the Oaklawn Racing Casino Resort. Later that same year in October, Saracen Casino Resort joined the club as the second sportsbook in Arkansas. However, this only involved betting in person and no online or mobile wagering.
This came after a ballot in 2018 voted to grant permission to these two sportsbooks, as well as two new casinos. However, a second ballot in 2020 which potentially could have paved the way for more casinos, was not included in the end.
Arkansas remains one of the most culturally and politically conservative states in the US, making mobile betting a hard sell to many. Lawmakers have considered legalizing online and mobile sports betting, but legislation has not yet been created and it may prove difficult in the future. It could be a long time before we see mobile betting in the state of Arkansas.
Statistics show that the state of Arkansas has handled around $87 million in wagered bets from July 2019 to September 2021. In that time, they have boasted revenue of over $11.5 million, a hold percentage of 13.5% and taxes collected of $1.6 million.