NEW YORK, May 14, 2021 /PRNewswire/ — The legalization of sports betting across the United States continues to spread from state to state, slowly expanding and creating a more consistent legal infrastructure. This week, Washington State decided to move forward with plans to allow sports betting. The State gambling officials and the Kalispel Tribe of Indians have reached an agreement that would allow sports gambling to occur at the Northern Quest Resort. Sports betting at tribal casinos became an option after a 2018 decision by the U.S. Supreme Court that struck down a 1992 federal law that banned commercial sports betting in most states, Considine said. Still, the legal intricacies of gambling are complicated, and while the framework of the deals has been reached, all the tribal compacts must go through a series of state and federal approvals before sports wagering can officially start. FansUnite Entertainment Inc. (OTC: FUNFF) (CSE: FANS), DraftKings Inc. (NASDAQ: DKNG), GAN Limited (NASDAQ: GAN), Boyd Gaming Corporation (NYSE: BYD), Genius Sports Limited (NYSE: GENI)
As the legal infrastructure becomes more and more friendly towards sports betting across the country, announcements regarding investments in this sector have accelerated. For example, earlier in October, WynnBET, the digital gaming division of Wynn Resorts Ltd. that is…
