Sports Betting in Maine is Ready to Launch in November

Sports Betting in Maine is Ready to Launch in November

Sports Betting in Maine is Ready to Launch in NovemberIn May of 2022, Governor Janet Mills put her signature on LD 585 to make Sports Betting in Maine legal. Therefore, it became legal in August of 2022 as Maine law requires new bills 90 days before becoming effective. However, Mainers have not been able to place a wager yet due to officials working on the sports betting regulations. Well, good news for them as officials say that Sports Betting in Maine will be ready to launch in November.

According to the Maine Gambling Control Unit (MGCU), the rules and regulations are done and ready for review. Thus, they final version of them have been given to the Attorney General’s office and with luck, will get their approval.

Once the attorney general’s office signs it, it will go to the secretary of state’s office for the final approval. most cases, this process usually takes less than a week. Afterwards, once the secretary of state posts the rules, then sports wagering can go live in Maine.

If all goes well, Maine will have sports betting available within its borders for the first week of November

Sports Betting in Maine Only Available via Tribes in Maine and their Partners

Gambling analysts say this is the third attempt by the MGCU to get the approval of their sports betting regulations. However, Milt Champion, the chief of the MGCU is confident that it will get the Attorney General’s office approval.

In the past, Champion did not want to set a hard deadline for the start date. However, this time around, he seems confident that it could happen between November 5-15.

According to the LD 585 sports betting law, only 4 tribes I Maine will be able to offer sports wagering. These are the Aroostook Band of Micmacs, Houlton Band of Maliseet Indians, Passamaquoddy Tribe and Penobscot Nation.

In turn, each tribe can then partner with a sports betting company to run and operate their sportsbook. Furthermore, multiple tribes can choose to use the same sportsbook operator. Of course, tribes can also choose to go their own way and use a different solution to open their sportsbook. Some alternatives include using a sportsbook pay per head solution or a white label sportsbook solution.

At the moment, only Caesars Sportsbook has shown any intent to enter the Maine sports gambling market. Furthermore, they are already ahead of any competition as they already have a deal with 3 of the 4 tribes. Only the Passamaquoddy Tribe has not made any announcement about choosing a betting partner.

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