Online gambling is live in Arkansas! Online sports betting rules were approved by the Arkansas Racing Commission in 2021 December, and by the Arkansas Legislative Council in early 2022. The first online sportsbook launched in March 2022 and the second followed a few months later. While the Arkansas betting scene has matured since its initial launch, the state is not a major sports betting market.<\/p>\n
While the online betting regulation was expected, possible online casino operations have not been discussed. While the state has three land-based casinos, there is little interest in moving the operations online.<\/p>\n
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Online sports betting has been legal in Arkansas since 2022.<\/p>\n<\/div>\n
\u2b50 Arkansas Sports Betting<\/h2>\n
Arkansas sports betting took its first steps towards legalization in 2018 after voters approved of a constitutional amendment, and three brick-and-mortar casinos started to offer sports betting. With the online regulations, the casinos can partner with up to two online sportsbook brands each, or create their own. <\/p>\n
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Oaklawn Racing Casino Resort in Hot Springs<\/li>\n
Southland Casino Racing in West Memphis<\/li>\n
Saracen Casino Resort in Pine Bluff, Jefferson County (run by the Quapaw Nation)<\/li>\n
In construction: Legends Resort & Casino in Russellville, Pope County (delayed because of legal issues, to be run by Cherokee Nation Businesses)<\/li>\n<\/ul>\n
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Southland Casino runs sports betting with Betly.<\/p>\n<\/div>\n
Online Betting Regulations<\/h3>\n
Online sports betting was approved by the Arkansas Racing Commission after hours of heated debate on the issue among various stakeholders. Lobbyists for the national sportsbook operators pushed for more competition, while some of the locals attempted to halt the expansion on sports wagering. The end result was met with mixed feelings from all sides, but does allow up to eight online sportsbooks to operate in Arkansas.<\/p>\n
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Licensing:<\/strong> Each casino, including the upcoming Legends Casino, has two online skins. This means they can either partner with two operators or set up an online sportsbook themselves. Each online sportsbook must carry the partner casino’s name visibly on their sites and apps.<\/li>\n
Revenue Sharing:<\/strong> A major disappointment to national sportsbook operators, as the casinos are entitled to 51% of proceeds from the online betting operations; in most states, casinos get 5-15%. Whether this will deter major brands like BetMGM and DraftKings remains to be seen.<\/li>\n
Taxation:<\/strong> Arkansas currently has a 13% tax rate on sports betting, and the Racing Commission did not discuss amendments to the taxation. Therefore it can be assumed that online betting will carry the same tax rate as retail wagering.<\/li>\n<\/ul>\n
New Online Sportsbooks<\/h3>\n
Despite the state allowing online sports betting for years, no major online sportsbooks have announced their entry to Arkansas. Since the operational costs are high, Arkansas currently has a couple sportsbooks operated by the local casinos:<\/p>\n