Maine Legalizes Sports Betting, Caesars and DraftKings Prepare for Launch
Legal sports betting in Pine Tree State testament scratch this weekend, followers the favourable reception of unexampled regulations. The ME Department of Public Safety Gambling Control Unit released the new sports wagering rules this hebdomad and said sportsbooks canful start taking bets on Friday, Nov 3, at 9 a.m.
A list of events eligible for wagering testament be posted on the department’s website Friday morning, Executive Director Milton Champion told Casino.org via email.
Approval of the unexampled rules comes 18 months after Maine Gov. Janet Robert Mills signed the state’s unexampled sports betting law. ME is now among more than leash dozen states that hold capitalized on a watershed 2018 Supreme Margaret Court decision that opened the door to sound sports betting.
Maine’s sports betting jurisprudence gives the state’s foursome Native American tribes the sole(a) rights to control sportsbooks inward the state.
The market’s launch follows a lengthy review by the Gambling Control Unit, a small office with simply tierce full-time employees. More than 600 comments were filed on the proposed rules during the lengthy refresh process.
Caesars, DraftKings Prepare to Launch
The vast majority of sports bets inward Maine are expected to be placed online, as is the slip in to the highest degree of the country. Mobile River sportsbooks are expected to occupy about 85% of sports bets inward the state.
Maine’s legitimation of sports betting came as section of broader statute law aimed at gift to a greater extent sovereignty to the state’s quadruplet tribes, the Penobscot River Nation, the Passamaquoddy Tribe, the Houlton Band of Maliseet Indians, and the Mi’kmaq Nation, collectively known as the Wabanaki confederation.
Existing sportsbook operators feature partnered with the tribes to bid mobile sports betting platforms inwards Maine.
Caesars Sportsbook earliest this yr partnered with ternary tribes, the Penobscot, Maliseet, and Micmac nations, to hold their sports betting operations. This week, DraftKings announced its own partnership with the quaternary tribe, the Passamaquoddy.
“Building a relationship with the Passamaquoddy Tribe is a wild chance for DraftKings, as we seem to bring customers inwards the province of Pine Tree State safe and sound sports betting,” said Jason Robins, CEO and DraftKings co-founder in a pressing release. “We seem forrad to our continued collaboration with the Maine Gambling Control Unit as we go the official wandering sports betting provider of the Passamaquoddy Tribe and set in motion inward our industry-leading 25th state.”
The law of nature also allows for retail sportsbooks at the state’s ii brick-and-mortar casinos, Hollywood Casino Bangor and Oxford Casino Hotel, as comfortably as racetracks and off-track betting facilities.
Revenue Split With Tribes
Providing an economical supercharge to the quaternion tribes was among the cover priorities behind Maine’s decision to legalize sports betting. The tribes were recognised below a 1980 practice of law that provides narrower rights than are enjoyed by other Native American tribes, including the power to organize gaming.
The sports betting legislating was passed last-place yr after lengthy negotiations over a variety of provisions, including taxation and tribal H2O rights. Poor H2O lineament has been of particular importance for the Passamaquoddy Tribe, according to pressing reports.
Caesars and DraftKings testament keep 40% of the revenues self-contained inward Maine, with 50% sledding to the tribes and 10% inwards tax to the state.
Maine’s sports betting law of nature allows anyone age 21 or older to place bets. Resources for problem gaming are uncommitted via a province helpline, 211 Maine, or past calling 1-800-GAMBLER.
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