South Dakota begins shaping its legal sports gambling market

South Dakota begins shaping its legal sports gambling market

Sportsbooks are coming to Deadwood, possibly within a couple of months

The South Dakota Commission on Gaming has begun to take action on the issue of sports betting in Deadwood casinos, and the first round of rules has been proposed in order to have a regulatory plan in place. According to the commission’s executive secretary, Susan Christian, more work remains to be done and a second set of rules is still being drafted. In addition, it has been said that in order to carry out this initial process, two public hearings are expected to be held by the Gaming Commission, the first one taking place on May 18, virtually, while the second one is expected to take place this summer.

As indicated, several aspects of relevance have been covered in the first set, including the proper application process for the state license, which is required for those interested in becoming a sports betting service provider in the state. On the other hand, some existing regulations would be eliminated according to this set, such as the case of requiring the rules of the game to be posted at each poker table. “If these rules are approved, it will allow the commission to accept sports betting service provider license applications on July 1, 2021, when the sports betting laws go into effect. The second rules hearing will be in July 2021 and will focus on technical rules for sports betting,” Christian said.

Votes in favor of sports betting in Deadwood took place in early November of last year and support was overwhelmingly positive. Four months later, the gaming industry in the city had great numbers, reporting an increase of 102% in its gambling handle compared to March 2020, when they were closed for a week due to the arrival of COVID-19. There is no doubt that, as the country moves towards a full reopening, many casinos are beginning to benefit and the industry in Deadwood is no exception.

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