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Sports betting simplified
Less than two years ago, Arkansas opened sports gambling at the Oaklawn Racing Casino Resort and the Southland Casino Resort. There is no mobile or online sports gambling allowed in the state. Betting is limited to the two aforementioned brick and mortar casinos. Arkansas has a rich tradition of horse race wagering, with Oaklawn Park serving as one of the premier tracks in the country. Bordering the sports-crazed states of Missouri, Texas, Oklahoma, and Louisiana, Arkansas figures are a hotbed of sports gambling, especially in college football. The industry is still in its infancy and will need time to develop fully. The Arkansas Racing Commission oversees all sports betting in the state. You must be age 21 to bet on sports, but you can bet on horses at age 18.
In the state of Arkansas, you can bet on pro and college football, pro and college basketball, pro baseball, pro hockey, soccer, mixed martial arts, boxing, golf, auto racing, tennis, and the Olympics. You can also wager on daily fantasy sports in the state of Arkansas. Most types of bets that you can make at other sportsbooks are available in the state of Arkansas.
When it comes to sports in the state of Arkansas, the University of Arkansas Razorbacks college football team is first and far above all others in the hearts of its residents. Razorback basketball is also popular and will draw an increased wagering handle because it emerged as a national power. Arkansas plays in the SEC, which is known as the best college football conference in the country. The betting handle on SEC games is massive at sportsbooks located in the state of Arkansas. SEC teams with large followings in the state include the LSU Tigers, Ole Miss Rebels, Texas A&M Aggies, Missouri Tigers, and Mississippi State Bulldogs. The Texas Longhorns and Oklahoma Sooners of the Big 12 Conference area also big draws with large fan followings in the state.
Arkansas is coming off several losing seasons on the gridiron, but that has not killed the passion of their fans. It is worth noting that Dallas Cowboys owner Jerry Jones was a starter for the 1964 Razorbacks national championship team. The Cowboys are the most popular NFL team in the state, followed by the New Orleans Saints, Houston Texans, and Kansas City Chiefs.
On April 20, 2021, news broke that state Representative Lee Johnson introduced HB 1942 to allow for online and mobile sports betting. It has not gone unnoticed that other states are bringing in significantly more sports betting revenue than the state of Arkansas. Online and mobile betting is a big reason why. If passed, online and mobile gambling could be implemented within 90 days. Since sports gambling was offered in Arkansas, a little more than $1 million in taxes has been collected. That is a mere pittance, compared to what other states providing online and mobile gambling is generating. There is a consensus that the future is now, and it works. Arkansas knows that to make something out of sports betting, they must offer online and mobile options.
Further adding to the belief that online and mobile gambling could be a gold mine for the state is that the in-person sports gambling being offered in the Natural State has been quite successful.
Ideally, the state would like to have online and mobile gambling options fully up and running in time for football season. As mentioned earlier, college and pro football have massive and passionate followings in the state. Arkansas is a mecca for numerous fan bases both inside the state and on its borders. Most observers believe online and mobile football betting has unlimited potential.
Arkansas doesn’t have online gambling or an app at present. However, that could soon be changing as laws are continuously proposed and debated. Eventually, the Natural State will come to grips because they are leaving billions of dollars of future sports gambling revenues on the table by not offering an online and mobile app alternative. Check back here for updates.